#贸易战缓和 China has reduced tariffs on American goods from 125% to 10%, and the United States has also reduced tariffs on Chinese goods from 145% to 30%, and these new tariffs will be implemented for 90 days! This trade war is finally coming to an end!
Once this news came out, the U.S. stock market soared tonight! Think about it, when tariffs were high before, many businesses were hard to operate, corporate costs were high, and profits were low. Now that tariffs have been reduced, corporate costs have decreased, and profit margins have increased. How can the U.S. stock market not rise?