China, Trump and Tariff
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Stocks jumped Monday after President Trump said "all will be fine" with China, easing investor fears about his threat to add a new 100% tariff on the country's imports.
Today: Israel announced that all 20 surviving hostages held by Hamas were now home. Hundreds of Palestinian detainees and prisoners held by Israel were released in return. Context: The releases were part of the ceasefire deal Trump helped negotiate. The bodies of some of the dead hostages held by Hamas have been released as well.
US stocks surged on Monday, bouncing back from Friday's rout after President Trump played down the escalating US trade standoff with China, saying it "will all be fine!" Stocks are set to recoup some of Friday's hefty losses after Trump dialed back his Friday threat to impose an additional 100% tariff on Chinese goods from Nov.
President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month — marking a significant escalation in the U.S.-China trade war.
Finance chiefs gathering in Washington this week were ready to discuss the global economy's surprising resilience in the face of Donald Trump's tariff assaults - until the U.S.-China trade war erupted again with the U.
Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
President Trump seems to be extending an olive branch to China's Xi Jinping after dropping his latest tariff threat on Friday. On Sunday, Trump wrote on his social media account: "Don’t worry about China,