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VIEW Investor reaction to US-China trade and tariffs agreement
The United States and China reached a better-than-expected deal to temporarily slash tariffs, sending stocks and the U.S. dollar sharply higher, as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession.
Markets rise as US and China agree to slash tariffs
The talks in Switzerland resulted in significant cuts to the tit-for-tat tariffs that had been stacked up since January on both sides. The US will lower those tariffs from 145% to 30%, while China's retaliatory tariffs on US goods will drop to 10% from 125%.
Here’s a sector-by-sector breakdown of how major players are reacting to the mounting pressure of tariffs and retaliatory ...
The author explores equity market valuation changes immediately following each Trump tariff announcement. Click to read.
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The S&P 500 rose more than 3% on Monday, hitting its highest since early March as a U.S.-China agreement to temporarily slash ...
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