U.S. Vs. China: Tariffs, Tariffs, Tariffs, Read All About It! (90-day pause)

toner · 2025-05-12T16:01:56-04:00

On May 12, 2025, President Donald Trump announced a 90-day pause in tariffs between the two nations, marking a major de-escalation in their ongoing trade war. This agreement follows recent talks in Geneva and is seen as a "total reset" in relations, according to President Trump. This same style-article was nabbed by Action-intell.com, don't pay for news when the same news is free at Tonernews.com! Key Highlights: Tariff Reductions: US tariffs on Chinese imports will decrease from 145% to 30%, while Chinese tariffs on US goods will fall from 125% to 10%. Market Reactions: US stock markets surged following the announcement, with major indices such as the Dow Jones, S&P 500, and Nasdaq all experiencing significant gains. Future Outlook: President Trump expressed confidence that tariffs would not return to previous high levels after the 90-day pause, suggesting a potential path toward a more stable trade relationship. Impact on Technology Sector: Tech companies, including Sony, Microsoft, and Nintendo, had previously raised prices on electronics due to tariff uncertainties. The new agreement may alleviate some of these pressures, though challenges remain. For more detailed information, you can view the News live update here.

Tonernews.com, May 12, 2025. USA

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On May 12, 2025, President Donald Trump announced a 90-day pause in tariffs between the two nations, marking a major de-escalation in their ongoing trade war. This agreement follows recent talks in Geneva and is seen as a “total reset” in relations, according to President Trump.
This same style-article was nabbed by Action-intell.com, don’t pay for news when the same news is free at Tonernews.com!

Key Highlights: Tariff Reductions: US tariffs on Chinese imports will decrease from 145% to 30%, while Chinese tariffs on US goods will fall from 125% to 10%. Market Reactions: US stock markets surged following the announcement, with major indices such as the Dow Jones, S&P 500, and Nasdaq all experiencing significant gains. Future Outlook: President Trump expressed confidence that tariffs would not return to previous high levels after the 90-day pause, suggesting a potential path toward a more stable trade relationship. Impact on Technology Sector: Tech companies, including Sony, Microsoft, and Nintendo, had previously raised prices on electronics due to tariff uncertainties. The new agreement may alleviate some of these pressures, though challenges remain.

For more detailed information, you can view the News live update here.
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May 12, 2025 at 4:01 PM

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