EPISODE · May 12, 2025 · 37 MIN
Dow Jumps 1,000 Points After China and US Lower Tariffs
from Nobody Special Finance · host Nobody Special Finance
Trade talks between the US and China went better than anyone could have expected over the weekend with both countries agreeing to lower their tariffs substantially for 90 days while talks continue. This has sent stocks ripping higher despite 30% tariffs on Chinese good remaining in place. Elsewhere India and Pakistan have agreed to a ceasefire and President Trump is expected to issue an executive order on drug prices that has pharma stocks selling off.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
What this episode covers
Trade talks between the US and China went better than anyone could have expected over the weekend with both countries agreeing to lower their tariffs substantially for 90 days while talks continue. This has sent stocks ripping higher despite 30% tariffs on Chinese good remaining in place. Elsewhere India and Pakistan have agreed to a ceasefire and President Trump is expected to issue an executive order on drug prices that has pharma stocks selling off.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
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Dow Jumps 1,000 Points After China and US Lower Tariffs
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