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Posted: 2025-05-12 14:07:32 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-12 14:07:43 UTC
Verified By
Rollup News
China and the United States have announced that they will retain only 10% tariffs on each other's goods, and the 24% tariff will be suspended for 90 days. Gold, stocks, and traders have responded quickly to the joint statement of the Sino-US Geneva Economic and Trade Talks. Economists say the tariff agreement "exceeded expectations."
Tariff reduction between China and the United States
Market response (gold, stocks, traders)
Economists' assessment of the agreement
Previous high tariffs impacting trade
Uncertainty in the market before the agreement