CNBC Daily Open: The U.S.-China deal revives markets and the idea of a ‘Trump put’
How did your country report this? Share your view in the comments.
Introduction:
The news topic “CNBC Daily Open: The U.S.-China deal revives markets and the idea of a ‘Trump put'” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- The U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10%. That’s much more than expected, as Trump on Friday has said that an 80% tariff on China “seems right!” The market frenzy brought to mind the “Trump put,” the notion a falling market will prompt measures from the president that prop it up. But as Dario Perkins, managing director of global macro strategy at TS Lombard pointed out, it is “(sort of) of funny that the optimistic case for Trump 2.0 is basically that it will reverse most of what it has done so far,” he said. “I have clients with thousands of containers pre-loaded in China that is ready to come in,” said Paul Brashier, vice president of global supply chain at ITS Logistics. “Tariff pause means new surge in freight shipments, and higher prices,” he added.
- The U.S. and China on Monday agreed to an initial trade deal that cuts “reciprocal” tariffs from 125% to 10% for 90 days. Investors were ecstatic, and sent stocks soaring. Technology names such as Nvidia and Broadcom, as well as consumer discretionary stocks including Nike and Starbucks, rallied. The market frenzy brought to mind the “Trump put,” the notion a falling market will prompt measures from the president that prop it up. “A Trump put, perhaps, is just the president putting things back where they once were,” said Dario Perkins, managing director of global macro strategy at TS Lombard. “The optimistic case for Trump 2.0 is basically that it will reverse most of what it has done so far,” he said. “It’s kind of funny that the optimistic case is that the president will reverse what he has done,” Perkins said.
- The U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10% — much more than expected.
Country-by-Country Breakdown:
Original Coverage
The U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10%. That’s much more than expected, as Trump on Friday has said that an 80% tariff on China “seems right!” The market frenzy brought to mind the “Trump put,” the notion a falling market will prompt measures from the president that prop it up. But as Dario Perkins, managing director of global macro strategy at TS Lombard pointed out, it is “(sort of) of funny that the optimistic case for Trump 2.0 is basically that it will reverse most of what it has done so far,” he said. “I have clients with thousands of containers pre-loaded in China that is ready to come in,” said Paul Brashier, vice president of global supply chain at ITS Logistics. “Tariff pause means new surge in freight shipments, and higher prices,” he added. Read full article
CNBC Daily Open: Is the trade agreement between the U.S. and China a ‘Trump put’?
The U.S. and China on Monday agreed to an initial trade deal that cuts “reciprocal” tariffs from 125% to 10% for 90 days. Investors were ecstatic, and sent stocks soaring. Technology names such as Nvidia and Broadcom, as well as consumer discretionary stocks including Nike and Starbucks, rallied. The market frenzy brought to mind the “Trump put,” the notion a falling market will prompt measures from the president that prop it up. “A Trump put, perhaps, is just the president putting things back where they once were,” said Dario Perkins, managing director of global macro strategy at TS Lombard. “The optimistic case for Trump 2.0 is basically that it will reverse most of what it has done so far,” he said. “It’s kind of funny that the optimistic case is that the president will reverse what he has done,” Perkins said. Read full article
Business – NBC10 Philadelphia
The U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10% — much more than expected. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
- Original Article
- CNBC Daily Open: Is the trade agreement between the U.S. and China a ‘Trump put’?
- Business – NBC10 Philadelphia
Source: https://www.cnbc.com/2025/05/13/cnbc-daily-open-us-china-deal-revives-markets-and-trump-put.html