CNBC Daily Open: The U.S.-China deal revives markets and the idea of a 'Trump put'

How will the US-China tariff truce impact markets? Why is Nissan cutting thousands of jobs globally? What effects will Trump's drug price executive order have? How does the Qatar luxury jet gift affect Trump’s ethics? Why did Coinbase stock surge after S&P 500 inclusion? What challenges does Amazon face with delivery partners? How will tariffs influence US auto industry production? What caused the drop in Bayer’s Q1 profit? Why are independent pharmacists warning about tariffs?

CNBC Daily Open: The U.S.-China deal revives markets and the idea of a 'Trump put'

cnbc.com/2025/05/13/cnbc-daily-open-us-china-deal-revives-markets-and-trump-put.html

Over the weekend, both the U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10%. That's much more than expected, as Trump on Friday has said that an 80% tariff on China "seems right!" The U.S. is still keeping its 20% fentanyl-related levy on…

This story appeared on cnbc.com, 2025-05-13 01:20:27.