Dow set to soar 1,000 points after Trump team dramatically lowers tariffs with China

  • Posted on May 12, 2025
  • By CNN
  • 3 Views
Dow set to soar 1,000 points after Trump team dramatically lowers tariffs with China

US stock futures surged after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels, which some economists say could stave off a US recession.
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