U.S. and China have agreed to temporarily reduce tariffs for 90 days. Here are the details. – CBS News Watch CBS News The United States and China announced a step toward ending their trade war. Both countries have agreed to sharply reduce tariffs for 90 days. Last month, the U.S. imposed a 145% tariff on […]
Dow gains 1,000 points after U.S. and China agree to slash tariffs for 90 days
News of a U.S. agreement with China to temporarily ease tariffs sent stocks soaring on Monday, with the major indexes rising more than 2% in early trading. The S&P 500 rose 153 points, or 2.7%, to 5,812 as of 11:05 EST, while the Dow Jones Industrial Average added 1,011 points, or 2.5%, to 42,261. Early […]
How easing U.S.-China tariffs could financially impact Americans
How easing U.S.-China tariffs could financially impact Americans – CBS News Watch CBS News CBS News MoneyWatch correspondent Kelly O’Grady breaks down what to know about the potential financial impact to American consumers after the U.S. and China agreed to temporarily ease tariffs. Be the first to know Get browser notifications for breaking news, live […]
U.S. and China to ease tariffs significantly for 90 days, White House announces
Trump seems open to lowering tariff rate Trump seems open to lowering tariff rate on China 06:40 The U.S. and China have agreed to a temporary but significant easing of the tariffs imposed over the last couple months, the country’s said in a joint statement shared by the White House, heralding significant success in trade […]
“CBS Weekend News” headlines for Saturday, May 10, 2025
“CBS Weekend News” headlines for Saturday, May 10, 2025 – CBS News Watch CBS News Here’s a look at the top stories making headlines on the “CBS Weekend News” with Jericka Duncan. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link
U.S. and Chinese officials meet as the flow of goods slows amid Trump tariffs
U.S. and Chinese officials meet as the flow of goods slows amid Trump tariffs – CBS News Watch CBS News The flow of goods from China into the U.S. has slowed dramatically, which could soon mean job cuts, shortages and tough choices for consumers. However, there is progress in the trade war between the two […]
Trillions in sales for S&P 500 companies at stake as US-China talks begin
U.S. equity investors will be watching closely as trade talks kick off between the Trump administration and China, with trillions of dollars hanging in the balance for American companies. The average member of the S&P 500 made 6.1% of its revenue from selling goods in China or to Chinese companies in 2024, according to an […]
U.S.-China tariff talks end for the night and will continue Sunday, source says
Sensitive talks between U.S. and Chinese delegations over tariffs that threaten to upend the global economy ended after a day of prolonged negotiations and will resume Sunday, a source briefed on the meetings confirmed to CBS News. There was no immediate indication whether any progress was made Saturday during the more than 10-hour meeting between […]
What to know as Trump hints at 80% China tariff
What to know as Trump hints at 80% China tariff – CBS News Watch CBS News President Trump appeared to give his treasury secretary his starting point in trade talks with Beijing set for this weekend. Weeks after imposing a 145% tariff on China, the president posted, “80-percent tariff on China seems right.” Kelly O’Grady […]
China’s Xi joins Putin for Victory Day parade meant to reassure Russians as Ukraine conflict drags on
Moscow — Countries across Europe marked the 80th anniversary on Thursday of VE, or Victory in Europe Day, celebrating the moment in 1945 at which fighting in World War II ended on the continent. But thanks to the time difference between Russia and Western Europe, Russia holds its Victory Day parade on May 9 every year, […]