From Quiver Quantitative: 2025-05-13 01:10:00

Global stock markets surged on Monday as the U.S. and China agreed to a 90-day tariff pause, reducing U.S. duties on Chinese imports to 30% and Chinese levies on U.S. goods to 10%. The temporary truce follows a near $600 billion standstill in bilateral trade, sparking investor optimism but leaving businesses cautious about long-term trade imbalances. Treasury Secretary Scott Bessent led the Geneva talks, recognizing that resolving structural issues like the U.S. trade deficit and China’s role in the fentanyl crisis will take years beyond the tariff respite. Market volatility may persist as negotiators face a tight 90-day timeline for substantive talks.



Read more at Quiver Quantitative: Global Stocks Rally as U.S.-China Tariff Truce Eases Recession Fears