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Imports face steep levies despite recent trade deals the Trump administration reached with China and the U.K.
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Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing.
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Stock Market Today: Dow Jones Soars 1,000 Points, "Mag 7" Surge On China Trade Deal; Bitcoin Stocks Shine (Live Coverage) Investor's Business DailyDow surges more than 1,100 points after China and U.S. agree to temporary tariff cuts: Live updates CNBCEconomic outlook brightens, recession odds fall after US-China tariff deal USA TodayStock market today: Dow gains 1,000 points, while S&P
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The White House said it was announcing a trade deal without providing any details. Representatives from the U.S. and China had been meeting in Switzerland.
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