Stock futures rise after Trump hints at backing off from new China tariffs | CNN Business

Stock futures rise after Trump hints at backing off from new China tariffs | CNN Business


That would bring duties on imports from China to 130% — not far from the 145% rate imposed at the height of the tariff war. The comments were a shift from last week, when Trump said China was “becoming very hostile,” after Beijing on Thursday ramped up export restrictions on critical rare-earth minerals, which are used to produce consumer electronic products. During an appearance on Fox News’ “The Sunday Briefing,” US Trade Representative Jamieson Greer said that the US was “not notified” in advance of China’s increased export restrictions, although a spokesperson for China’s commerce ministry said that “relevant countries and regions” were notified.

Author: Auzinea Bacon


Published at: 2025-10-12 22:44:42

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