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Politics

Stock markets rally after announcement of China tariff pause

Nexpressdaily
Last updated: May 13, 2025 1:34 pm
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President Donald Trump is touting a dramatic de-escalation of his trade war, calling it a “total reset” with China after negotiations over the weekend lowered tariffs from 145% to 30% for three months. In his first remarks since the temporary truce, Chinese leader Xi Jinping says “There are no winners in tariff wars or trade wars.” NBC’s Christine Romans reports for TODAY.May 13, 2025

  • Kim Kardashian arrives at Paris court to testify in robbery trial

    02:07

  • Edan Alexander reunites with family after being released by Hamas

    00:29

  • Real-life Air Bud catches the ball after owner sinks a basket

    00:45

  • ‘Not another zoo’: Critics want LA Zoo elephants moved to sanctuary

    02:41

  • Menendez brothers hearing gets underway: Is freedom in sight?

    02:47

  • United CEO talks safety concerns at Newark: ‘It is absolutely safe’

    05:36

  • Transportation Department installs high-speed telecoms at Newark

    01:57

  • Now Playing

    Stocks soar after trade war with China cools amid negotiations

    02:10

  • UP NEXT

    Trump: Only a ‘stupid’ person would say ‘no’ to luxury jet from Qatar

    02:20

  • Judy Blume’s ‘Forever’ gets a modern makeover on Netflix

    02:48

  • Women tend to live longer than men, but do they live healthier?

    03:46

  • New study compares Wegovy and Zepbound for the first time

    03:29

  • Figure skating star Ilia Malinin talks Milan Cortina Winter Olympics

    02:03

  • The Yugo, dubbed as ‘worst car in history,’ set to hit the road again

    00:52

  • Bill Belichick supports Jordon Hudson at Miss Maine USA pageant

    02:37

  • Ukraine’s Zelenskyy says he’s ready to meet Putin face-to-face

    01:29

  • Philadelphia Eagles to host Dallas Cowboys in 2025 NFL opener

    03:28

  • Sean ‘Diddy’ Combs trial set to begin: Who’s expected to testify?

    02:48

  • Equipment outages lead to ground stops at Newark and Atlanta

    02:54

  • Hamas to release Edan Alexander, last US hostage held in Gaza

    01:53

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