U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.9% Monday. The Dow Jones Industrial Average rose 995 points, and the Nasdaq composite gained 3.9%. Hopes for an economy less encumbered by tariffs also sent crude oil prices higher. The U.S. dollar strengthened against other currencies, and Treasury yields jumped on expectations the Federal Reserve won't have to cut interest rates so deeply this year in order to protect the economy. Analysts warned conditions could still quickly change, as has so often happe

The US and China have reduced tariffs on each other and agreed to suspend most of the additional tariffs imposed on each other for 90 days. The US has agreed to reduce the 145 percent tariff on Chinese goods to 30 percent, while China has agreed to reduce taxes on American goods to 10 percent. Officials from both countries announced the tariff cuts at a press conference in Geneva. They said the two countries have prepared a framework for continuing discussions on their trade issues. China expressed hope that the US will not increase tariffs unilaterally. As the tariff war between the two m

US President Donald Trump said in a statement today that his administration helped broker an immediate ceasefire between Pakistan and India, both nuclear-armed countries, on Saturday. Trump said that I said, let's do a lot of trade with you, stop the war. If you don't stop it, we won't do any trade. Trump, praising himself, said that before me, probably no one has ever used trade the way I have used it. The President said that when I talked about stopping trade, suddenly they said that we think we are going to stop and they stopped the conflict. Meanwhile, China has called the reports of s

Pakistan Prime Minister Shahbaz Sharif has announced that Yom-e-Tashkar will be celebrated in the country. He said that this day will be celebrated after Pakistan's action in response to Indian aggression and the success of Operation Bunyan-ul-Marsoos. According to information given by a Pakistani news agency, a statement has been issued by the Prime Minister's Office in this regard. The statement said that this day will be celebrated as a way of thanking Allah, saluting the troops and praising the unity of the country. Meanwhile, the era of celebration has begun in Pakistan after the announc

US President Donald Trump has said that if the war between India and Pakistan had not stopped, millions of people could have been killed in it. Trump, while sharing the second post on Truth Social regarding the India-Pakistan war, wrote that I am very proud of the strong leadership of both countries. They are wise. It is worth mentioning that before this, Donald Trump had shared a post the other day and wrote that both countries have agreed to a complete and immediate ceasefire. Trump has now also announced that he will further increase his trade with both countries. He said that he will also

After the ceasefire between the two countries, Pakistan's Defense Minister Khawaja Asif said that India's aggressive policy has completely failed in front of Pakistan. Pakistan's Daily Times newspaper has quoted the Defense Minister as saying that India was expecting an easy victory, but its cover has been exposed on the military and diplomatic front. Khawaja Asif said that the myth of Indian arrogance has blown up in the air. During this conflict, India was stunned by the retaliation taken by Pakistan. He said that India could not succeed in explaining its claims to a single country. The Def

India and Pakistan have formally agreed to a ceasefire following days of heightened tensions, Dr S Jaishankar, External Affairs Minister of India and Pakistan's Foreign Minister Ishaq Dar confirmed on Saturday evening. India’s External Affairs Minister Dr S Jaishankar, in a social media post on X, says his country and Pakistan have “worked out an understanding on stoppage of firing and military action”. “India has consistently maintained a firm and uncompromising stance against terrorism in all its forms and manifestations. It will continue to do so,” he added. On the other hand, Dar

There is now a ceasefire between India and Pakistan. Giving this information, Foreign Secretary Vikram Misri said that talks were held between the DGMOs of both countries at 3.35 pm today. During the talks, it was decided that both countries will immediately stop air, water and land attacks from 5 pm today. Along with this, a ceasefire has been declared between the two countries. Misri said that on May 12, officials of both countries will discuss the future strategy.

US President Donald Trump has said that after long talks last night, India and Pakistan have agreed to stop the war. He said that as a result of this talk, which took place due to US mediation, both the countries have agreed that they will stop the conflict that has been going on for the last few days. He said that I am happy to inform you that India and Pakistan have agreed to a complete and immediate ceasefire. I congratulate both the countries for acting wisely and using foresight. He has shared this information on his Truth Social.