US EditionTesla Stock Is Soaring. Here's Why One Researcher Sees 'Red Flags'
- During trade negotiations in Switzerland on May 10 and 11, 2025, the United States and China decided to lower the additional tariffs they impose on each other by a total of 115 percentage points.
- This agreement followed a period of retaliatory high tariffs over 100% imposed by both countries, which strained relations and raised global economic concerns.
- As part of the agreement, the United States will lower its tariffs on Chinese goods to 30%, while China will reduce its tariffs on American products to 10%, with 24 percentage points temporarily withheld for 90 days to facilitate further negotiations.
- U.S. Treasury Secretary Scott Bessent stated at a press conference that both parties agree they do not want to separate their economic ties, signaling a hopeful outlook for better relations.
- The tariff reduction spurred gains across global markets, including a surge in Tesla and Nvidia stocks, but uncertainties remain due to complex future negotiations and Federal Reserve caution.
11 Articles
11 Articles
SET sees support for ongoing surge
The Thai stock market is expected to continue growing next month, supported by easing global trade tension, a downward trend for global interest rates, and inflows into Thai ESG Extra (ESG X) funds, says the Stock Exchange of Thailand (SET).
Global Markets React to Eased U.S.-China Trade Tensions
Global Markets React to Eased U.S.-China Trade Tensions Global stock markets witnessed gains on Wednesday in response to easing trade tensions between the U.S. and China. The progress in trade talks fueled optimism among investors, stabilizing the U.S. dollar and causing a dip in gold's safe-haven appeal as bullion prices hit a one-month low.Despite a positive trend across global equities, European shares took a pause, reflecting a nuanced inves…
U.S.-China Tariff Agreement: Move Ahead toward Further Tension-easing Measures
The United States and China, which have been engaged in an exchange of high tariff policies and retaliatory measures, have taken a step toward easing tensions. The two countries should explore measures to further improve relations based on this agreement.
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