May 15th, 2025
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Some stock markets in Asia went up and some went down on Tuesday.
The US and China will cut taxes on some goods after talks. The US tax goes down to 30%. The China tax goes down to 10%. They will talk more later.
The result was good, and investors were happy.
He said the meeting was planned. It looks good and is important. It shows the government knows high taxes on things from other countries are bad for the economy.
But China and the US still have problems when they talk. Many countries in Asia also need to make good deals for buying and selling things.
China is still angry about the trade war.
Tokyo's Nikkei went up 1.6%. Car companies like Toyota and Suzuki went up too.
Nissan's shares went up. The company will let go of 20,000 workers. They are changing the company.
The Kospi in South Korea did not change much. It was 2,606.46.
Stocks in Hong Kong went down a lot. They were at 23,189.15 points.
Stock prices in Shanghai went up a little.
The stock market in Australia went up a little.
On Monday, two big countries said they would lower taxes on goods.
The S&P 500 went up. It is almost at its highest point. It fell before, but now it is better. People hope the leader will stop taxes on goods.
The stock market is better now than on April 2.
The stock markets went up a lot.
Oil prices went down.
On Monday, the U.S. dollar was stronger than the euro, the yen, and the Swiss franc.
The U.S. and China stopped because the U.S. made a deal with the U.K. last week.
This week, news about money in the U.S. will show if high prices and people's feelings hurt the economy.
Many shops did well because they sell things from China and other countries in Asia. Best Buy's price went up 6.6%, and Amazon's price went up 8.1%.
Small US companies made good money because the US economy is doing well.
Companies that make clothes and buy from China did well. Lululemon went up 8.7%. Nike went up 7.3%.
May 15th, 2025
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