May 15th, 2025
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Shares in Asia were different on Tuesday. People were not happy about the trade talk between the US and China anymore.
The United States and China will lower taxes on things they sell to each other.
The result was better than many people thought.
He said, "They planned this meeting carefully. It looked good. It shows the government knows high taxes on things are bad for the economy."
There are still big problems in talks between China and the US. Many countries in Asia also need to make their own deals to make taxes on goods less.
Beijing is still angry about the trade war. China's leader, Xi Jinping, said a trade war is bad for everyone. He said being mean to other countries makes you alone.
Stocks in Tokyo went up a lot.
Nissan shares went up. The company will fire many workers. This will help the company save money.
The Kospi in South Korea did not change much. It was 2,606.46.
Hong Kong stocks went down today. They went up yesterday.
Prices in Shanghai increased a little. Prices in Taiwan increased a lot.
The stock market in Australia went up a little.
On Monday, two big countries said they will make taxes lower on many things they sell to each other.
The stock market went up a lot. It is almost at its highest point ever. It went down before, but it went up last month. People think the President will make prices lower for things from other countries.
The main stock number is higher now than on April 2nd.
Prices on the stock market went up a lot.
Oil prices went down. Before, they went up on Monday.
On Monday, the U.S. dollar was strong. It was stronger than the euro and the yen. On Tuesday, the dollar was not as strong as before against the yen. But it was stronger against the euro.
The U.S. and China stopped talking for a short time. This happened after the U.S. and the U.K. made a deal last week. The deal will make some things from the U.K. cheaper in the U.S. But it will take some weeks.
Reports this week can show if trade problems hurt the U.S. economy.
Prices for many shops went up. This is because they get many things from China and other places in Asia. Best Buy's price went up 6.6%. Amazon's price went up 8.1%.
Small companies in the U.S. made a lot of money. Their stocks went up a lot.
Companies that make clothes and buy things from China also did well.
May 15th, 2025
Good news: People in US feel better about money.
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