CNBC Daily Open: The U.S.-China deal revives markets and the idea of a 'Trump put'

May 12, 2025 - 22:00
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CNBC Daily Open:  The U.S.-China deal revives markets and the idea of a 'Trump put'
Over the weekend, both the U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10% — much more than expected.

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