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A 'huge win' for bulls: Markets soar on U.S.-China deal as Wall Street sees more upside
cnbc.com/2025/05/12/us-china-trade-deal-markets-expect-tariffs-relief-new-highs-in-2025.html
Market watchers have labeled the new U.S.-China deal to temporarily cut tariffs "better than expected," "more workable" and even a "dream scenario" — and are expecting more near-term relief for investors.
Under the deal, so-called reciprocal tariffs will drop from over 100% to 10% on…
This story appeared on cnbc.com, 2025-05-12 11:03:53.936000.