What the US-China Trade Agreement Means for Markets

What the US-China Trade Agreement Means for Markets
US Treasury Secretary Scott Bessent (Image: Getty)
The Wall Street Journal
There’s more to Monday’s soaring stocks than the pause in crushing China tariffs.The temporary lifting of triple-digit trade levies between China and the U.S. while trade talks get under way removes the threat of an immediate stagflationary hit to the economy. This is very good news.It goes much further than investors thought possible—not least because on Friday President Trump suggested an 80% tariff “seems right.” The current deal reduces the extra tariffs on China to 30%, made up of the base of 10% that wil...

More Politics

Infrastructure plan: 17 projects made it, 31 missed out
Policy

Infrastructure plan: 17 projects made it, 31 missed out

Rail, prison and ferry terminal projects excluded from infrastructure priority list.

Oliver Lewis 25 Jun 2025
Infrastructure Plan floats higher health, electricity spend
Policy

Infrastructure Plan floats higher health, electricity spend

Draft plan identifies priority projects and recommends transport system reform.

Oliver Lewis 25 Jun 2025
Selling Kiwifruit at Beijing’s $5b-a-year department store
Primary Sector

Selling Kiwifruit at Beijing’s $5b-a-year department store

Turns out the personal touch helps sell kiwifruit at a high-end Chinese supermarket.

Dileepa Fonseka 24 Jun 2025
Global builders, investors shortlisted for Northland Expressway
Infrastructure

Global builders, investors shortlisted for Northland Expressway

NZTA has narrowed down the race to build one of our biggest project to three groups.

Oliver Lewis 23 Jun 2025