Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides. Aaron Hill, FP Markets’ chief analyst This “marks a pivotal moment in global trade dynamics. However, the 90-day timeframe indicates these tariff cuts are a negotiation tactic rather than a
Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides. Aaron Hill, FP Markets’ chief analyst This “marks a pivotal moment in global trade dynamics. However, the 90-day timeframe indicates these tariff cuts are a negotiation tactic rather than a
Stocks rose at the open on Wall Street on Friday after President Trump suggested cutting US tariffs on Chinese imports. His comment fueled further optimism that the trade war is easing ahead of talks between Treasury Secretary Scott Bessent’s team and Chinese officials in Switzerland this weekend. The Dow Jones Industrial Average (^DJI) edged up
(Bloomberg) — Gold rose at the end of a volatile week as investors focused on the outcome of upcoming trade talks between the world’s two largest economies. Most Read from Bloomberg Bullion traded around $3,325 while heading for a weekly gain of more than 2.5%. The Trump administration is weighing a dramatic tariff reduction on
(Bloomberg) — Gold dropped as the dollar pushed higher after President Donald Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4. Most Read from Bloomberg Trump also said he would impose an additional 10% tax on Chinese imports, moves that would deepen his fight with the
US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China’s instant retaliation to US President Donald Trump’s additional tariffs and the potential risks of a trade war. Traders also took in fresh jobs data, with job openings declining more than expected in December. Investors are continuing to watch any signs of