TARIFFS LATEST US, China to slash tariffs for 90 days Taipei Exchange - Delayed Quote • TWD Chain Chon Industrial Co., Ltd. (5014.TWO) Follow Add holdings 12.50 0.00 (0.00%) At close: 1:30:06 PM GMT+8 Related News Stock market today: Dow gains 1,000 points, while S&P 500, Nasdaq surge as US-China deal spurs a rush into stocks US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place. Amazon, Tesla stocks lead 'Magnificent 7' surge after US-China temporary trade truce Amazon and Tesla stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce. US-China tariff pause may save the year for retailers Retailers can sigh a bit of relief as Chinese tariffs are paused, at least until August. Apple weighs iPhone price hikes unrelated to tariffs: WSJ Your next iPhone might cost more this fall as Apple (AAPL) considers price hikes, according to The Wall Street Journal, while claiming this is not in connection with any tariff pressures. Market Domination co-host Josh Lipton joins Madison Mills on Catalysts to break down how Apple may use new features to justify higher prices. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. US & China have 'a long way to go' before making a permanent deal US stocks (^DJI, ^GSPC, ^IXIC) rally after the US and China agreed to a 90-day tariff cooldown. AGF Investments chief US policy strategist, Greg Valliere, joins Morning Brief with Madison Mills and Brad Smith to explain that despite the optimism on Wall Street, a permanent US–China trade deal may be far away. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Is the FOMO trade back as markets rally on US-China trade talks? US stocks (^DJI, ^IXIC, ^GSPC) are rallying Monday morning following US and Chinese officials agreeing to a 90-day cool-off period on their respective tariffs. Northwestern Mutual Wealth Management Company CIO Brent Schutte explains whether now is the right time for investors to buy into the FOMO (fear of missing out) trade — especially in small-cap stocks — and where volatility may fit into forecasts in the coming months. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. US, China agree to tariff truce: How Wall Street is reacting As US stock futures (ES=F, NQ=F, YM=F) perk up Monday morning after US and China officials agreed to a trade truce, the S&P 500 (^GSPC) is already on pace to claw back losses since President Trump's "Liberation Day" tariffs. Yahoo Finance senior markets reporter Josh Schafer expands upon the reactions he is hearing from Wall Street experts and what they will be paying attention to over the next 90 days, as per the tariff cool-off period agreed to by American and Chinese representatives. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Why US-China tariff agreement isn’t super bullish for stocks You can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. The bulls are back on Wall Street, with good reason. The US and China have agreed to ratchet down the tariff war for 90 days as each economy begins to feel the pressure of bruising penalties. After a weekend of meetings in Switzerland, the US will take reciprocal tariffs on China down to 10% from 125%. A separate tariff imposed by President Trump over what he says is China’s role in the fentanyl trade will stay intact. China will cut its retaliatory tariffs on US goods to 10% from 125%. Stocks soared on the news, the US dollar caught a strong bid, and defensive plays such as gold sold off. Investors will now be looking for two things to keep the bullish vibes going: first, that the two economic superpowers signal there is an opportunity to take tariffs down even further after the 90-day pause; and second, that the tariffs aren’t hammering the US economy. Yahoo Finance Executive Editor Brian Sozzi spoke with eToro global markets analyst Lale Akoner on Opening Bid for perspective on whether stocks will be back for the rest of the year or if this is just a headfake. Akoner also discusses top picks in what is now a significantly changed backdrop for investors. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms Trump's FTC antitrust cops just got a loud warning about blocking tech tie-ups President Trump's antitrust cops just received a loud warning about attempts to block any future technology mergers as the FTC lost an attempt to undo Microsoft's $69 billion acquisition of gaming giant Activision Blizzard. TSX Composite set for biggest turnover since 2022 as trade tensions reshape index Investing.com -- Canada’s S&P/TSX Composite Index is on track to see its largest reshuffle in nearly three years, driven by strong price divergence across sectors and geopolitical uncertainty, according to Scotiabank (TSX:BNS) analysts. The surge in expected turnover comes as the measurement period for June’s index rebalance opens, with final changes to be announced on June 6. Apple Stock Rises On Tariff Relief, But Services Challenges Remain Overhang Apple stock rose after the U.S. and China agreed to a cooling-off period on tariffs. But services business challenges remain an overhang. Popular YouTuber Coffeezilla Is Puzzled By Bill Gates' Philanthropy Plans—'I've Been Hearing This For 15 Years And Every Year Bill Has More' Bill Gates, the co-founder of Microsoft (NASDAQ:MSFT) and a tech industry titan, recently announced plans to give away 99% of his wealth by 2045, but not everyone is convinced. The billionaire, who became the world's youngest self-made billionaire at age 31 in 1987 and the first centibillionaire in 1999, currently holds a net worth of $113 billion, making him the 13th-richest person in the world, according to Forbes. Don't Miss: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company Stock Market Today: Dow Jones Soars As Nvidia, Apple Jump On China Trade Deal; Bill Ackman Stock Clears Key Level (Live Coverage) The Dow Jones surged on the stock market today. Treasury Secretary Bessent spoke out on China amid tariff progress. Alibaba cleared an entry. Stanley Black & Decker Stock Among Biggest S&P 500 Gainers on Tariff Relief Shares of Stanley Black & Decker surged 16% on Monday, making the stock one of the biggest winners in the S&P 500 amid a broad market rally following news of tariff easing. Stocks to Watch Monday: Apple, Nvidia, Broadcom, Shopify ↗️ Amazon (AMZN); Apple (AAPL); Meta (META); Tesla (TSLA): The biggest U.S. tech stocks surged Monday after the White House and China agreed to hefty tariff cuts. Amazon sells many Chinese-made products on its platform; China is an important market for Tesla; and Apple does much of its assembly in the country. EU ‘nastier than China’, claims Trump Donald Trump has claimed that the European Union is “nastier” than China as he switched the focus of his global trade war. Trump Says He Thinks Apple Will Increase US Investment President Trump says he spoke with Apple CEO Tim Cook following the tariff rollback with China. Bloomberg's Dana Wollman discusses how Apple is grappling with trade and challenges in the lead-up to big product launches in 2027. She speaks with Caroline Hyde on "Bloomberg Technology." Nvidia Poised for Upside on Tariff Deal Wedbush sees April's 115% cut sparking tech rally into next talks US to Pull Back on AI Chip Restrictions The US has to stop acting as though Nvidia doesn't have competition, says Ankur Crawford, EVP and portfolio manager at Alger. Crawford discussed how she is navigating investment opportunities as the US reexamines chip curbs on China with Caroline Hyde on "Bloomberg Technology." Tesla (TSLA) Hits Trillion-Dollar Market Cap Amid Trade Breakthrough Tesla's Value Breaks $1 Trillion on Temporary Tariff Cut Performance Overview Trailing total returns as of 5/12/2025, which may include dividends or other distributions. Benchmark is TSEC CAPITALIZATION WEIGHTED ST (^TWII) Return 5014.TWO TSEC CAPITALIZATION WEIGHTED ST (^TWII) YTD -9.09% -8.27% 1-Year -17.55% +2.03% 3-Year -21.99% +35.30%