2025-05-13 12:29:09
China
USA
Economy

Temporary Relief in US-China Trade Dispute

Image used under license from Shutterstock.com

A temporary truce in the US-China trade war has brought a momentary sigh of relief, with both nations agreeing to significantly reduce tariffs for 90 days. The US cut tariffs on Chinese goods from 145% to 30%, while China lowered its retaliatory tariffs from 125% to 10%. This move has sparked optimism in global markets, with notable surges in US stock indices such as the S&P 500 and Nasdaq. However, the pause is seen as a brief respite rather than a long-term solution, with skepticism about the potential for a lasting agreement.

Despite the apparent progress, underlying tensions remain. President Xi Jinping has criticized the US for its aggressive trade stance, while President Trump has emphasized the temporary nature of the truce. The agreement has led to a flurry of activity, especially among Chinese factories rushing to fulfill US orders. Analysts warn that the root causes of the trade conflict still loom large, and businesses and investors remain cautious. As negotiations continue, the future of US-China trade relations hangs in the balance, with both sides seeking to navigate a complex and uncertain landscape.

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13. Mai 2025 um 09:22

China cautiously welcomes pause in US tariff war

China has cautiously welcomed a 90-day pause in the US-China tariff war, with tariffs on Chinese goods reduced from 145% to 30% and retaliatory tariffs on US imports lowered from 125% to 10%. Despite this, President Xi Jinping accused the US of 'bullying' and emphasized that there are 'no winners' in trade wars. The agreement comes amid ongoing tensions, with China urging the US to stop blaming it for the fentanyl crisis. While some Chinese businesses express cautious optimism, the overall sen..
The Street
15. Mai 2025 um 21:16

Fund manager has extremely blunt words on China tariff news TheStreet Daily Newsletter

The U.S. and China have announced a 90-day pause on tariffs, with the U.S. reducing its tariffs from 145% to 30% and China lowering its retaliatory tariffs from 125% to 10%. This development has boosted stock markets, providing some optimism amidst fears of a recession. Financial expert Ross Gerber acknowledged the positive impact of this pause but cautioned that the U.S. economy is not yet stable, as inflation could rise and uncertainty remains. Other analysts also warn that the temporary truce..
The Street
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Bitcoin rallied to $105,409.03 in reaction to breaking news that the United States reduced tariffs on Chinese imports from 145% to 30% for 90 days. China responded by reducing tariffs on imports from the United States from 125% to 10%. We saw the market rally in anticipation of lessening trade tensions and improved global liquidity over the next 90 days. This is a developing story.
EL PAÍS
13. Mai 2025 um 09:52

Trump and tariffs: The art of backpedaling

Trump's trade war with China led to a 90-day truce after he unilaterally imposed tariffs on trading partners, prompting China's retaliatory tariffs. The president exaggeratedly called the agreement a "historic" pact, but it merely solves a problem of his own making, as he falsely claimed the tariffs were "reciprocal" and aimed to raise money. Trump had given countries 90 days to reach new trade deals, claiming they were eager to please him, but analysts remain skeptical about his ability to ne..
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