Redditsux@lemmy.world to News@lemmy.world · 2 days agoDow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade warapnews.comexternal-linkmessage-square26linkfedilinkarrow-up1119arrow-down16
arrow-up1113arrow-down1external-linkDow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade warapnews.comRedditsux@lemmy.world to News@lemmy.world · 2 days agomessage-square26linkfedilink
minus-squareOmega@lemmy.worldlinkfedilinkarrow-up11·2 days agoThe prohibitively high tariffs are going down. But there’s still a 30% tariff tax on U.S. consumers for Chinese goods, up from 19% (Trump 1.0/Biden) and 8% (pre-Trump)
minus-squareCalipherJones@lemmy.worldlinkfedilinkEnglisharrow-up9·2 days agoGive him about 37 seconds and the 30% tariff will suddenly be 8000%.
The prohibitively high tariffs are going down. But there’s still a 30% tariff tax on U.S. consumers for Chinese goods, up from 19% (Trump 1.0/Biden) and 8% (pre-Trump)
Give him about 37 seconds and the 30% tariff will suddenly be 8000%.