RawDiary

Edition from 2025-05-09, 3 PM UTC

Trump cuts China tariffs to 80% ahead of high-stakes trade talks

President Donald Trump announced a major tariff reduction on Chinese imports from 145% to 80%, signaling a potential thaw in the ongoing trade war as US and China prepare for critical talks. This shift could realign global trade and market dynamics.

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Number 80% - Proposed tariff rate on Chinese goods announced by President Trump.

Quote "We can't lose the battles we are facing" — Supreme Court Justice Sonia Sotomayor

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S&P 6,230 ↓ 0.79% • Dow 44,406 ↓ 0.94% • Nasdaq 20,413 ↓ 0.92% • Gold 3,343 ↑ 0.01% • BTC 108,176 ↓ 0.10%

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