Investment banks lift China growth outlook after surprise trade deal with U.S. CNBCDow soars 1,100 points after Trump team and China dramatically lower tariffs CNNChina cautiously welcomes pause in US tariff war The GuardianStocks edge up, dollar dips as trade-deal sugar rush fades Reuters
President Donald Trump has made a fresh move in his trade war with China, saying that an 80% tariff on Chinese products "seems right" but determining the correct level is up to Treasury Secretary Scott Bessent. Here's how to think about it.
