‘This is not normal’: U.S., China agree to 90-day tariff pause but 30% is ‘still a big deal’
May 12, 2025
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11:40Now Playing‘This is not normal’: U.S., China agree to 90-day tariff pause but 30% is ‘still a big deal’
YouTube Description
as posted by the channelStocks are rallying after the U.S. and China struck a deal that pauses most tariffs between the two countries for 90 days as President Trump signs an executive order to cut prescription drug prices. NBC News’ Christine Romans explains more. New York Times Chief White House Correspondent Peter Baker and Professor of Economics and Public Policy at the University of Michigan Justin Wolfers join Katy Tur to break it all down.
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