minus-squareOmega@lemmy.worldtoNews@lemmy.world•Dow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade warlinkfedilinkarrow-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) linkfedilink
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)