Dow adds 1,100 points, S&P 500 up 3% after the U.S. and China slash tariffs

TACO Tuesday: 'Trump Always Chickens Out'

TACO trade.Traders on Wall Street have started to refer to it as the TACO Stock Market - Trump Always Chickens Out. On May 11, Trump blinked in his game of economic chicken with China, cutting for 90 days reciprocal tariffs of 125% that he had placed...

The clear sign that Making America Great Again is a big Trump lie

Friends,On Sunday night, the U.S. announced that it is cutting tariffs on Chinese imports from 145 percent to 30 percent, for 90 days, and that China is dropping tariffs on U.S. goods from 125 percent to 10 percent, also for 90 days.The stock market soared on the news. (Anyone with inside knowledge ...

China-US tariffs drop: 'From apocalyptic to merely bad'

Markets in the US and Europe have rallied off the back of trade tensions easing between China and the US. On Wall Street, the S&P surged more than 3 per cent, while the Nasdaq catapulted 4.4 per cent higher.

U.S.-China Trade Deal Spurs Sharp Rises in World Markets; Dow Jones Recovers to Level Just Before Tariffs Announcement

The Dow Jones Industrial Average of the New York Stock Exchange surged 1,160 points Monday, recovering to the level just before U.S. President Donald Trump’s announcement that tariffs would be imposed.

Small business owner says "there's gonna be a Christmas this year" after U.S.

Effective Wednesday, the U.S. and China have agreed to lower tariffs on each other's products for 90 days to give trade negotiations room to move forward. David Mauro, the founder of JesusDolls.com, joins CBS News to discuss what the tariff reduction means for his small business.

US mission in Taipei says Trump's 'unification' comment was about US-China trade

TAIPEI (Reuters) - U.S. President Donald Trump's comment on "unification" was about the U.S.-China trade relationship and U.S. policy towards Taiwan has not changed, the de facto embassy on the island said on Tuesday, after the wording caused unease in…