The Pour Over Today
Trade War Simmering, Russian Attack on Ukraine, Terror Attack in Kashmir, & More | 4.25.25
Apr 25, 2025
10:29
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Quick takeaways
- U.S.-China trade negotiations show promise with President Trump hinting at reducing high tariffs, positively impacting major retailers.
- Recent terror attacks in Kashmir have escalated tensions between India and Pakistan, raising concerns about regional security and retaliatory measures.
Deep dives
US-China Trade Relations Show Signs of Improvement
Negotiations between the U.S. and China regarding trade tensions show potential for progress as President Trump announced that talks are actively ongoing. He hinted at the possibility of reducing the current high tariffs on Chinese imports, which are set at 145%, potentially lowering them to between 50-65% for specific goods. This shift in tone has been positively received by major retailers like Walmart and Target, who expressed concerns about increasing costs and logistics challenges due to ongoing tariffs. The U.S. aims not to cut tariffs without reciprocal agreements from China, reflecting a cautious optimism among economists and financial markets where stocks have rallied significantly.
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