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US and China cut tariffs, spurring 3% jump in Hong Kong stocks
asia.nikkei.com/Economy/Trade-war/Trump-tariffs/US-and-China-cut-tariffs-spurring-3-jump-in-Hong-Kong-stocks
SHANGHAI/HONG KONG -- The U.S. and China have agreed to slash the "reciprocal" tariffs on each other's goods, according to a joint statement released on Monday, marking a major turning point in the trade war between the world's two largest economies.
Under the agreement, the U.S. will…
This story appeared on asia.nikkei.com, 2025-05-12 00:00:00.