{"id":167775,"date":"2025-05-12T09:41:51","date_gmt":"2025-05-12T09:41:51","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/05\/12\/tech-stocks-look-set-to-jump-as-u-s-and-china-pause-reciprocal-tariffs-techcrunch\/"},"modified":"2025-05-12T09:41:51","modified_gmt":"2025-05-12T09:41:51","slug":"tech-stocks-look-set-to-jump-as-u-s-and-china-pause-reciprocal-tariffs-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/05\/12\/tech-stocks-look-set-to-jump-as-u-s-and-china-pause-reciprocal-tariffs-techcrunch\/","title":{"rendered":"Tech stocks look set to jump as U.S. and China pause reciprocal tariffs | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">U.S. tech stocks, along with the broader stock markets, seemed ready to start the day with a high, as the United States and China on Monday agreed to temporarily cut reciprocal tariffs for 90 days. <\/p>\n<p class=\"wp-block-paragraph\">Per the deal, reached in Geneva, the U.S. would temporarily shelve the 145% reciprocal tariff on goods imported from China, taking the rate down to 30%; and Beijing would pause the 125% tax it had imposed on goods from the U.S., taking its rate down to 10%. <\/p>\n<p class=\"wp-block-paragraph\">Tech stocks jumped before the bell, with Chinese exporters Temu and Alibaba\u2019s stocks on the Nasdaq up nearly 9% in pre-market trading. Big U.S. tech firms that rely on China for sourcing and manufacturing, including Apple, Amazon, Tesla, Nvidia, AMD and Meta, were all up 5% to 6% pre-market. Nasdaq Futures rose around 3.8%.<\/p>\n<p class=\"wp-block-paragraph\">Notably, the deal does not address the U.S.\u2019 recent removal of the \u201cde minimis\u201d exemption, which waived duties on imports valued below $800.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/05\/12\/tech-stocks-look-set-to-jump-as-u-s-and-china-pause-reciprocal-tariffs\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. tech stocks, along with the broader stock markets, seemed ready to start the day with a high, as the United States and China on Monday agreed to temporarily cut reciprocal tariffs for 90 days. Per the deal, reached in Geneva, the U.S. would temporarily shelve the 145% reciprocal tariff on goods imported from China, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":167776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-167775","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/167775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=167775"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/167775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/167776"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=167775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=167775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=167775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}