From Yahoo Finance: 2025-05-12 10:42:00

Investors are analyzing the US-China deal which slashed reciprocal tariffs by 115 percentage points to 10% on both sides. FP Markets’ chief analyst Aaron Hill calls it a pivotal moment in global trade dynamics. However, the 90-day timeframe suggests these cuts are a negotiation tactic, creating uncertainty about long-term trade policies. Societe Generale’s Kenneth Broux sees a de-escalation between the two countries, with tariffs on Chinese goods reduced to 30% and Chinese tariffs on US goods to 10%. Rabobank’s Jane Foley notes that while the situation is not as bad as it could have been, there is still uncertainty about where tariffs will settle and their impact on world growth and central bank policy. For more details, read from Reuters.



Read more at Yahoo Finance: Dow gains 900 points, while S&P 500, Nasdaq surge as US-China deal spurs a rush into stocks