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Business Rundown: U.S. & China Agree To Slash Tariffs
The United States and China have agreed to slash the majority of their tariffs on each other for 90 days, as the two nations plan to continue talks on a broader trade deal.
News of this tariff truce broke early in the morning on Monday, sending global markets soaring.
FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Payne Capital Management President Ryan Payne to explain the "shock & awe" of this deal, how "Liberation Day" tariffs will be seen in retrospect, and why the market seemed certain a China deal would get done.
Photo Credit: AP
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Published on 3 weeks, 2 days ago