China-U.S. Detente a Sign of Progress Without More Economic Pain -- Market Talk

Dow Jones05-12

0938 GMT - The China-U.S. tariff de-escalation sets the stage for talks to continue at the working level, without prolonging economic pain on both sides, says Maybank's Erica Tay. "Triple-digit duties are essentially a trade embargo," and the reprieve suggests both sides realize their supply chains are too closely intertwined for a complete decoupling, she says. While the scaled-back tariffs are by no means low or "normal," they are at levels some businesses find acceptable, the economist adds. This will allow merchandise trade to resume, but how soon and by how much is unclear. For starters, ships and cargo planes need to time be activated, and it will likely take a few rounds before a preliminary deal is reached, she says. "The question now is: what happens to 'reciprocal tariffs' on other countries?" (fabiana.negrinochoa@wsj.com)

(END) Dow Jones Newswires

May 12, 2025 05:38 ET (09:38 GMT)

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While the scaled-back tariffs are by no means low or \"normal,\" they are at levels some businesses find acceptable, the economist adds. This will allow merchandise trade to resume, but how soon and by how much is unclear. For starters, ships and cargo planes need to time be activated, and it will likely take a few rounds before a preliminary deal is reached, she says. \"The question now is: what happens to 'reciprocal tariffs' on other countries?\" (fabiana.negrinochoa@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 05:38 ET (09:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China-U.S. Detente a Sign of Progress Without More Economic Pain -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina-U.S. Detente a Sign of Progress Without More Economic Pain -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-12 17:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0938 GMT - The China-U.S. tariff de-escalation sets the stage for talks to continue at the working level, without prolonging economic pain on both sides, says Maybank's Erica Tay. \"Triple-digit duties are essentially a trade embargo,\" and the reprieve suggests both sides realize their supply chains are too closely intertwined for a complete decoupling, she says. While the scaled-back tariffs are by no means low or \"normal,\" they are at levels some businesses find acceptable, the economist adds. This will allow merchandise trade to resume, but how soon and by how much is unclear. For starters, ships and cargo planes need to time be activated, and it will likely take a few rounds before a preliminary deal is reached, she says. \"The question now is: what happens to 'reciprocal tariffs' on other countries?\" (fabiana.negrinochoa@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 05:38 ET (09:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4097","symbol_name":"系统软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2534724814","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534724814","pubTimestamp":1747042680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0938 GMT - The China-U.S. tariff de-escalation sets the stage for talks to continue at the working level, without prolonging economic pain on both sides, says Maybank's Erica Tay. \"Triple-digit duties are essentially a trade embargo,\" and the reprieve suggests both sides realize their supply chains are too closely intertwined for a complete decoupling, she says. 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While the scaled-back tariffs are by no means low or \"normal,\" they are at levels some businesses find acceptable, the economist adds. This will allow merchandise trade to resume, but how soon and by how much is unclear. 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