May 14th, 2025
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USA and China say "less tax" on things they sell.
Trump and China stop fighting for a short time.
The US tax went down. The China tax went down.
Greer and Scott Bessent talked in Geneva.
They said good things.
USA puts a tax on things from China. This tax helps stop bad drugs.
Trump made the tax big last month.
China says this is a good step for peace.
This plan is good for people in both countries.
China and USA talk. China will stop some actions.
Prices go up. People talk less.
We do not know the results of the trade talk between the two countries.
They will meet again soon.
But people with money were happy.
Stocks go up. Oil price goes up. Dollar goes up.
Mark Williams said, "This is very good." He said, "Maybe the fight will stop for 90 days. But maybe it will start again."
Dani Rodrik said, "They are not fighting now."
Trump got nothing from China.
Craig said they needed the deal fast because they had no money.
Mr. Singleton said: China had problems with money. Many people had no work. Money left China. China sold less things to other countries. This was bad for China. For Mr. Trump, the money markets were good. This deal helped him.
U.S. and China talk. Stocks go up. Good news for money.
Trade between the two countries may be slow.
He said: US taxes can be big. But maybe not too big. This is good for the world.
Jay is the boss of a toy company. He is happy because the tax on toys from China is smaller now. He wants the tax to be very small.
Toys from China will come. Price will be higher.
He said, "This is not good."
May 14th, 2025
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