In today's episode, we explore the landmark trade agreement between the United States and China, marking a significant shift in their economic relations. President Donald Trump announces a major reduction in tariffs, while both nations issue a joint statement from Geneva. We delve into the details of the agreement, its immediate effects, and the positive reaction from financial markets. Join us as we discuss the implications for future trade discussions and the challenges that...
In today's episode, we explore the landmark trade agreement between the United States and China, marking a significant shift in their economic relations. President Donald Trump announces a major reduction in tariffs, while both nations issue a joint statement from Geneva. We delve into the details of the agreement, its immediate effects, and the positive reaction from financial markets. Join us as we discuss the implications for future trade discussions and the challenges that remain.
Sources:
https://www.axios.com/2025/05/12/china-trade-deal-shein-temu-trump
https://abcnews.go.com/US/us-china-announce-deal-cut-reciprocal-tariffs-90/story?id=121702514
https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-a-historic-trade-win-for-the-united-states/
https://www.foxbusiness.com/economy/trump-says-china-deal-open-up-market-us-businesses
https://www.politico.com/news/2025/05/11/bessent-productive-talks-china-00340872
https://www.fredlaw.com/alert-u-s-tariffs-update-may-12-2025
https://www.globaltimes.cn/page/202505/1333843.shtml
https://www.youtube.com/watch?v=hk4dltY90Gs
https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025
https://abcnews.go.com/Business/us-stocks-soar-us-china-agree-slash-tariffs/story?id=121708443
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