U.S.-China Trade Talks: Trump Takes Hard Line On Tariffs, But Flexible; S&P 500 Rises
Friday, 9 May 2025 () Ahead of key weekend U.S.-China trade talks, President Trump said an "80% Tariff seems right." The S&P 500 rose as Wall Street looked past the tough negotiating stance.
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...
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