🚨 BREAKING 🚨
Told you many times , Trump is a pure businessman , they understand the language of business . The whole tariff episode will be started with clear objective * The trade deal * that's it .
look here
CHINA 🇨🇳 LOWERS TARIFFS ON US GOODS TO 10%, THE US 🇺🇸 CUTS TARIFFS ON CHINA TO 30%
🇺🇸 USA and 🇨🇳 China Tariff Cuts:
USA: Tariffs on Chinese goods are cut from 145% down to 30%. (Business Insider)
China: Tariffs on US goods are reduced from 125% to 10%. (Business Insider)
This deal was reached after high-level talks in Geneva aimed at cooling the trade war and stabilizing global supply chains. (Reuters)
📈 Market Impact:
S&P 500 futures jumped 2.6%. (AP News)
Dow Jones futures up 2%. (AP News)
Hong Kong Hang Seng surged 3%. (AP News)
India’s Sensex up 3.2%. (AP News)
The tariff cuts will be effective from May 14, 2025, and will last for 90 days while further talks continue.
MEGA BULLISH FOR MARKETS!!!