Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war
Monday, 12 May 2025 () U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%.
In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S. cutting its tariffs from 145% to 30%, and China slashing its tariffs from 125% to 10%. But is this...
The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30 percent and Chinese duties cut to to 10 percent, the US trade chief says. Following a..
Deep circles frame the blue eyes of Oleg, a 42-year-old Ukrainian military medic. The three-day truce announced by Russia this week has not given him any rest. "When you watch television and from the..
Russian President Vladimir Putin has proposed renewed peace talks with Ukraine in Istanbul, starting Thursday, May 15. Ukrainian President Volodymyr Zelensky welcomed the offer, calling it a..