From Yahoo Finance: 2025-05-13 07:02:00

The U.S. and China reset tariffs, causing market volatility. Will the Laffer Curve theory play a role in the economic impact? Trump focuses on economic deals in Saudi Arabia. Apple’s success from China supply chain now at risk due to trade tensions. Federal Reserve cautious on trade war impact.

Markets see gains after U.S.-China tariff reduction. Dollar and yuan react positively. Treasury yields stabilize. Goldman Sachs lowers U.S. recession chances. BlackRock CEO notes cash hoarding due to trade war uncertainty. Effective U.S. tariff rate still high after recent reductions.

Economic stress tests underway as inflation data awaited. U.S. new-vehicle prices surge, signaling impact of tariffs. Bank lending demand weakens, reflecting cautious sentiment. Global stocks rise on tariff detente. U.S. consumer price report expected to show impact of tariffs.

U.S. and China trade tensions ease, impacting inflation trends. Events to watch include U.S. April consumer price report and European Union finance ministers meeting. Trump visits Middle East. NATO Secretary General travels to Ankara. Market reactions to ongoing trade negotiations remain uncertain.

Read more: Morning Bid: Re-set, surge and hold