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World shares and US futures advance after
China-US trade pact

Original Article

Posted By: 4250Luis, 5/12/2025 5:25:33 AM

World shares and U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war. A joint statement said that for a 90-day period, the U.S. will cut tariffs on Chinese goods to 30% from as high as 145%. China said its tariffs on U.S. goods will fall to 10% from 125%. The agreement to allow time for more talks followed weekend negotiations in Geneva, Switzerland, that the U.S. side said had made “ substantial progress.”

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Reply 1 - Posted by: Strike3 5/12/2025 5:46:42 AM (No. 1948542)
To the AssPress it's still a "trade war." No point in reading further.
18 people like this.

Reply 2 - Posted by: NancyD 5/12/2025 7:31:34 AM (No. 1948589)
It must just pain the AP to write this article. Of course they have to throw in digs at Trump. Do you think that the lefties are finally realizing how effective President Trump has been, nawwww The left will try and fail to spin this deal, always on the wrong side.
18 people like this.

Reply 3 - Posted by: MakingSense 5/12/2025 7:48:10 AM (No. 1948603)
AP: “since U.S. President Donald Trump began escalating HIS trade war.” Typical Trump hating Associated Press news distortion.
15 people like this.

Reply 4 - Posted by: Zigrid 5/12/2025 9:18:54 AM (No. 1948653)
I'm tired of saying...."I told you so"....but I told you so...President Trump is in charge and he's a winner....he never picks a fight...he doesn't know how to win....it's about winning...winning...President Trump was raised an American...and WE know how to win....it was taught to us in school and at home on our mama's knee...there were no "participation trophies"...it was winner take all....kinda neat that our Pope Leo was raised in Chicago...that way....
6 people like this.

Reply 5 - Posted by: NorthernDog 5/12/2025 9:52:07 AM (No. 1948678)
Tesla stock is over $300/share again. I guess fire-bombing the dealerships did not work for leftists.
8 people like this.

Reply 6 - Posted by: Trapper 5/12/2025 10:53:59 AM (No. 1948714)
Crow? Crow? Have some crow. Where's CBS? There they are. CBS - crow? Try it with the hot sauce.
4 people like this.

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