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Wall Street lifts on 90-day US-China trade deal

Quotes

    • 88:88
      Carlos Lopes
      This move is significant primarily because it reflects a strategic retreat by the US, rather than a genuine shift in the broader trajectory of US-China relations,
      Aljazeera
      Carlos Lopes, a Chatham House associate fellow for the Africa Programme, told Al Jazeera
    • 88:88
      Carlos Lopes
      The reversal is a recognition of domestic economic pressures,
      Aljazeera
      Lopes said
    • 88:88
      Fentanyl was part of the public discourse but not a fundamental driver of the tariff decision. It served more as a symbolic issue for political messaging, particularly to domestic audiences. The core dynamics at play here are structural – supply chain interdependence, inflationary concerns, and electoral calculations – not drug policy,
      Aljazeera
      the Chatham House analyst said
    • 88:88
      The US economy, despite its scale, cannot isolate itself from global supply chains without serious collateral damage. Moreover, President Trump thrives on projecting strength through negotiation – but bargaining without structure or a clear endgame eventually reveals weakness. The rollback reflects this internal contradiction,
      Aljazeera
      he said
    • 88:88
      This shows that China's firm countermeasures and resolute posture had a strong impact, and that these actions indeed caused significant pressure on the U.S. side—leading the American government to lower tariffs back down to the base level,
      Newsweek
      Song Guoyou, executive director of the Asia-Pacific Cooperation and Governance Research Center at Shanghai's Fudan University, was quoted as saying
    • 88:88
      Xi Jinping
      Tariff wars and trade wars produce no winners. Bullying and coercion only lead to isolation."
      Newsweek
      Xi Jinping, Chinese president, told Latin American and Caribbean officials Tuesday during a Beijing summit
    • 88:88
      This is a positive development, but the devil is in the details on where the talks go from here,
      Reuters
      Majerus said
    • 88:88
      The jury's still out, and we won't be able for some time to look back and say this was a successful strategy,
      Reuters
      said Greta Peisch, a former senior trade official under President Joe Biden who is now a partner in the Wiley Rein law firm
    • 88:88
      You're up against China's whole theory of its economic policy and how it is operating in the world,
      Reuters
      she said
    • 88:88
      Whether you agree or disagree with the tactic, at least Trump is thinking outside the box,
      Reuters
      Shaw said
    • 88:88
      What we really need is more consistency. U.S. companies need to be able to plan instead of scramble to reroute supply chains, which can be difficult to do quickly. And American families are quite spooked by the impact these and other tariffs are going to have on their pocketbook,
      Reuters
      she said
    • 88:88
      Mao Ning (diplomat)
      We will never yield … We’ll fight until we completely triumph
      Guardian
      Mao declares in the clip
    • 88:88
      Donald Trump
      Predictability is a terrible thing.”
      Guardian
      As Trump’s special presidential envoy Ric Grenell recently put it
    • 88:88
      Mao Ning (diplomat)
      We are not afraid of provocations. We don’t back down,
      Guardian
      the Chinese foreign affairs ministry spokesperson, Mao Ning, declared recently on X
    • 88:88
      Adriana Kugler
      I still expect an increase in prices and a slowdown in the economy,
      Hürriyet Daily News
      Kugler warned,
    • 88:88
      Adriana Kugler
      Obviously that's an improvement as far as trade between the two countries
      Hürriyet Daily News
      Kugler said
    • 88:88
      Still, they appear likely to generate significant economic effects even if tariffs stay close to the currently announced levels,
      Hürriyet Daily News
      she added
    • 88:88
      The rules of the game are still uncertain,
      Reuters
      said Diego Marroquin Bitar, an expert on North American trade who also works as a consultant
    • 88:88
      If Vietnam manages to strike a better deal than China - which is more than likely after today - it will present itself as an attractive alternative to China in regional investment strategies,
      Reuters
      said Leif Schneider, head of international law firm Luther in Vietnam
    • 88:88
      This was already the outcome of the 'First Trade War' introduced by the first Trump administration,
      Reuters
      he added