Stock Market Steady After US-China Trade Truce Announcement

Reported 4 months ago

US stock futures remained unchanged following a strong market response to a temporary trade agreement between the US and China, which significantly reduces tariffs for the next 90 days. The agreement lowers US tariffs on Chinese imports from 145% to 30% and Chinese tariffs on US goods from 125% to 10%. Investors are awaiting the upcoming Consumer Price Index report, which may shed light on the impact of these tariffs on inflation.

Source: YAHOO

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