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US and China agree to slash tariffs, dollar and stocks surge

US and China agree to slash tariffs, dollar and stocks surge

Global Market Insights - Forex, Futures, Stocks

May 12, 20254m 51s

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US and China make progress in trade talks, agree to 90-day reprieve. Dollar, stocks and oil jump as both sides to temporarily lower tariffs by 115%. But trade deal hopes pummel gold, easing geopolitical tensions weigh too.

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