China Trade Deal Sends Stocks Soaring, But Small Businesses Say 2025 Will Be Horrible
9 Articles
9 Articles
ASX Market Open: Aussie market remains higher on Wall Street buoyancy | May 14, 2025
The ASX200 is set to open slightly higher (0.1%) on Wednesday, tracing an extended rally on Wall Street following the easing of trade tensions between China and the United States. Listen to the HotCopper podcast for in-depth discussions and insights on all thebiggest headlines from throughout the week. On Spotify, Apple, and more. US stocks continued to perform strongly overnight after yesterday’s news of a breakthrough in trade negotiations bet…
U.S.-China deal revives markets and ‘Trump put’
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images Over the weekend, both the U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10%. That’s much more than expected, as Trump on Friday has said that an 80% tariff on China “seems right!” The U.S. is still keeping its 20% fentanyl-related levy on China, so the total du…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage