Trump might claim China tariff victory – but this is Capitulation Day | Heather Stewart

Trump might claim China tariff victory – but this is Capitulation Day | Heather Stewart
By: The Guardian Posted On: May 12, 2025 View: 0

The president’s retreat suggests he might negotiate elsewhere, but leaves corrosive uncertainty in its wakeChina and US agree 90-day pause to trade warBusiness live – latest updatesDonald Trump will inevitably claim Monday’s temporary truce in the US-China trade war as a victory, but financial markets seem to have read it for what it is – a capitulation.Stocks were up and bond yields were higher after the US treasury secretary Scott Bessent’s early morning press conference in Geneva, where he has been holding talks with China. Continue reading...

Read this on The Guardian BitAddax - Win with Crypto
  Contact Us
  Follow Us
  About

Headlines Portal is your source for all news globally.