US stocks poised to gain as China signals no more tariff hikes after total 125% tax
1. China retaliates with 125% tariff, escalating trade war tensions. 2. S&P 500 dipped 0.5% as stocks react to trade news. 3. Trump's tariffs increased to 145%, further complicating economic relations. 4. China hints at not raising rates, providing slight hope for investors. 5. Trade tensions contributing to market volatility and uncertainty.