Stocks Soar After China Trade Announcement

Stocks Soar After China Trade Announcement


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The US and China agreed to slash tariffs for 90 days as they work on a full deal.

U.S. Treasury Secretary Scott Bessent said, “We both have an interest in balanced trade, the U.S. will continue moving towards that.”

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Epoch Times reported:

The United States and China said on May 12 they have agreed to a deal to slash reciprocal tariffs for 90 days.

Speaking after talks with officials from the Chinese communist regime in Geneva, U.S. Treasury Secretary Scott Bessent told reporters that the two sides had agreed on a 90 day pause on measures and that they will move their tariffs down.

Both economies have

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