Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides.
Aaron Hill, FP Markets’ chief analyst
This “marks a pivotal moment in global trade dynamics.
If the trade war is making you fear for your portfolio, you’re not alone.
Institutional investors are also on high alert. Bank of America’s latest Fund Manager Survey shows that the biggest money managers are concerned about President Donald Trump’s trade policy sparking a global recession.
If you’ve been wishing you could put more money into retirement accounts to reap the tax benefits,
The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets.
» Read more about: US and China agree to drastically roll back tariffs in major trade breakthrough »
2025-05-12T11:57:35Z
Wall Street is set to open sharply higher on Monday after the US and China announced an agreement to slash some tariffs for 90 days following trade talks in Switzerland.
» Read more about: Markets are surging after the US and China agree to slash tariffs for 90 days »
Brijesh Bhatia
May 12, 2025 / 09:52 IST
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The utility sector has been a sleepy industry over the years. These companies generate very stable earnings backed by government-regulated rate structures. Because governments set rates, utilities don’t grow that fast.
However, these companies tend to generate lots of stable income, which gives them money to pay lucrative dividends. Black Hills (BKH -0.65%),
» Read more about: 3 High-Yield Utility Stocks to Buy to Create Years of Passive Income »
GENEVA (AP) — U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.
Stock markets rose sharply as the globe’s two major economic powers took a step back from a clash that has unsettled the global economy.
» Read more about: U.S., China agree to roll back tariffs, pause trade war »
The U.S. and China agreed on Monday to significantly reduce tariffs on each other for an initial 90-day period in a major breakthrough in the trade war between the world’s two largest economies.
Coming into effect on Wednesday, May 14, both countries will reduce tariffs on the other by 115% for that initial period,
» Read more about: U.S. and China Agree on Tariff Pause in Major Trade War Rollback »
As China and the U.S. wrap up their first meetings about tariffs, a check-in on how ongoing trade wars are threatening to upend the global economy.