Tariffs will be 'higher' if no deal with China, Trump says
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The de-escalation provides both sides with breathing space to find a way to preserve trading ties that were threatening to grind to a halt.
Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.
Ninety days isn’t much time to reach a trade deal, especially one between two adversaries with as many disagreements as the U.S. and China. But Chinese Vice Premier He Lifeng acknowledged
Chinese state media — and many outside analysts — declared Beijing had won round one of the trade war after the Trump administration rolled back many tariffs.
Foreign stocks in developed markets ex-US are still the global performance leader by far in 2025, based on a set of ETFs through Monday’s close (May 12).
A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to resolve uncertainty about the economy.
Analysts welcomed the de-escalation agreed in Geneva, but told Newsweek that many questions remain unanswered.
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