Rich Zeoli
Trump Announces Temporary Tariff Deal with China, Stocks Surge
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 3:01:47
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Sinopsis
The Rich Zeoli Show- Full Show (05/12/2025): 3:05pm- Over the weekend, Treasury Secretary Scott Bessent and U.S. Trade Representative Jameson Greer met with China’s Vice Premier for Economic Policy He Lifeng in Geneva, Switzerland. By the meeting’s conclusion, an agreement was reached to pause onerous tariffs between the world’s two largest economies for 90-days. U.S. tariffs on Chinese imports will be reduced from 145% to 30%, while China’s tariffs on American imports will go from 125% to 10%. While speaking from the White House on Monday, President Donald Trump said, “we achieved a total reset with China” and that his administration’s negotiators will continue to seek remedies for China’s unfair trade policies—which have included currency manipulation, unbalanced trade, and intellectual property theft. 3:15pm- On Friday, Newark Mayor Ras Baraka alongside Congressmembers Bonnie Watson-Coleman, LaMonica McIver, and Rob Menendez visited the Delaney Hall Immigration and Customs Enforcement (ICE) detention fac