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Stock markets rally after temporary U.S.-China trade agreement announced

Posted

May 12, 2025

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Investors are reacting favorably to news of China and the U.S. reaching a 90-day trade agreement. The deal lowers tariffs on both sides and is considered a pause from current levels. CBS MoneyWatch correspondent Kelly O'Grady reports.

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Stock markets rally after temporary U.S.-China trade agreement announced · CBS News · Sentinel