Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal
- Posted on May 12, 2025
- By CNBC
- 2 Views

Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal

U.S. tariffs on Chinese imports now stand at 30%, while Beijing's tariffs on American goods are now 10%.