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

todayMay 12, 2025 8

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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.

 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. Read More Breaking News, Latest News and Videos | CNN 

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