U.S. and China Pause Sky-High Tariffs for 90 Days, But U.S. Consumers Will Pay Higher Prices

  • Barry Adams
  • U.S.A. New York City
  • May 12, 2025
  • The S&P 500, the Nasdaq Composite, and the Hang Seng index soared more than 3% after U.S. and China trade representatives agreed to pause the proposed sky-high tariffs for 90 days while the two sides search for an elusive agreement.
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