• China to reduce tariffs on US goods from 125% to 10% for 90 days - [IH]
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• US to suspend 24% duty rate for 90 days in joint statement with China - [DB]
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• US to reduce tariffs on Chinese goods from 145% to 30% for 90 days - [DB]
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• US-China joint statement confirms US will maintain 10% rate - [DB]
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• S&P 500 rises 2.5%, NASDAQ gains 3.1% after US-China tariff reduction - [DB]
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• Bessent establishes mechanism for ongoing discussions with China - [DB]
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• Bessent states that neither the US nor China wants to decouple their trade - [DB]
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• Bessent states there was no discussion about currency - [DB]
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• Tariffs on Chinese goods now at 30%, with 20% US tariffs on fentanyl-related items still in effect; some goods may face additional sector-specific levies - [IH]
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• US-China trade deal excludes "de minimis" exemptions for e-commerce firms - [IH]
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• Bessent advocates for strategic decoupling from China - [IH]
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• Bessent states that the current tariff level for China serves as a 'floor' - [DB]
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• MicroStrategy buys 13,390 bitcoins from May 5 to May 11 at an average price of $99,856, totaling $1.34B - [AGGR]
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• S&P 500 opens 2.9% higher, NASDAQ climbs 4.1% - [DB]
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• Trump may speak with Xi by the end of the week - [DB]
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• Trump threatens to increase tariffs if countries fail to comply with drug policy - [IH]
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• Trump warns that China tariffs will increase if no deal is reached - [IH]
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• Trump: China tariffs won't return to 145% - [IH]
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• US considers chip sale to Emirati AI firm G42 - [DB]
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• U.S. expected to announce Saudi AI chip deal this week - [DB]
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• UAE secures deal for 'hundreds of thousands' of GPUs - [DB]
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