U.S.-China Tariff De-Escalation Beats Market Expectations -- Market Talk

Dow Jones05-13

0337 GMT - The unwinding of tit-for-tat tariffs imposed by the U.S. and China for 90 days significantly beat market expectations, BofA Securities Global Research analysts write in a note. When taking into account existing tariffs imposed during the last Trump administration as well as new exemptions, the effective levy the U.S. plans to impose on Chinese goods will come down to below 41% in the next three months, they say. Notably, China seemingly hasn't made any major concessions or pledged to purchase U.S. products, BofA Securities adds. Moving forward, China may consider pledging to buy more energy and agricultural products from the U.S. to secure a more sustainable deal, it says. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

 

(END) Dow Jones Newswires

May 12, 2025 23:37 ET (03:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment