U.S. Stocks Rise Amid Optimism Over Potential U.S.-China Tariff Reductions
U.S. equity markets advanced Friday as investors reacted to signals of easing trade tensions between Washington and Beijing. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened higher following President Trump’s suggestion of reducing Chinese import tariffs to 80%.
Market sentiment improved after Trump’s Truth Social post referencing Treasury Secretary Scott Bessent in connection with the proposed tariff adjustment. The upcoming weekend trade talks between U.S. and Chinese officials added further momentum to risk assets.
This positive movement follows Thursday’s rally triggered by the announcement of a new U.S.-UK trade agreement. The market appears to be pricing in reduced trade friction ahead of critical negotiations.