The United States and China have agreed to slash the majority of their tariffs on each other for 90 days, as the two nations plan to continue talks on a broader trade deal.
News of this tariff truce broke early in the morning on Monday, sending global markets soaring.
FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Payne Capital Management President Ryan Payne to explain the "shock & awe" of this deal, how "Liberation Day" tariffs will be seen in retrospect, and why the market seemed certain a China deal would get done.
Photo Credit: AP Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

The United States and China have agreed to slash the majority of their tariffs on each other for 90 days, as the two nations plan to continue talks on a broader trade deal. News of this tariff truce broke early in the morning on Monday, sending global markets soaring. FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Payne Capital Management President Ryan Payne to explain the "shock & awe" of this deal, how "Liberation Day" tariffs will be seen in retrospect, and why the market seemed certain a China deal would get done. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

The United States and China have agreed to slash the majority of their tariffs on each other for 90 days, as the two nations plan to continue talks on a broader trade deal.
News of this tariff truce broke early in the morning on Monday, sending global markets soaring.
FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Payne Capital Management President Ryan Payne to explain the "shock &amp; awe" of this deal, how "Liberation Day" tariffs will be seen in retrospect, and why the market seemed certain a China deal would get done.
Photo Credit: AP Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices" rel="noopener noreferrer">podcastchoices.com/adchoices</a>

Business Rundown: U.S. & China Agree To Slash Tariffs

The FOX News Rundown is the place to find in-depth reporting on the news that impacts you. Each morning, Mike Emanuel, Dave Anthony, Lisa Brady, Jessica Rosenthal, and Chris Foster take a deep dive into the major and controversial stories of the day, tapping into the massive reporting resources of FOX News to provide a full picture of the news. 
 
Plus, every night, The FOX News Rundown: Evening Edition brings you even more coverage of the day's biggest stories and on the weekend, you’ll hear everything that’s going on in the beltway with The FOX News Rundown: From Washington and special uncut, unedited interviews with The FOX News Rundown: Extra. 
 
Each day The FOX News Rundown features insight from top newsmakers, along with FOX News reporters and contributors, plus a daily commentary on a significant issue of the day. Check us out twice a day, every day.

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The FOX News Rundown is the place to find in-depth reporting on the news that impacts you. Each morning, Mike Emanuel, Dave Anthony, Lisa Brady, Jessica Rosenthal, and Chris Foster take a deep dive into the major and controversial stories of the day, tapping into the massive reporting resources of FOX News to provide a full picture of the news. Plus, every night, The FOX News Rundown: Evening Edition brings you even more coverage of the day's biggest stories and on the weekend, you’ll hear everything that’s going on in the beltway with The FOX News Rundown: From Washington and special uncut, unedited interviews with The FOX News Rundown: Extra. Each day The FOX News Rundown features insight from top newsmakers, along with FOX News reporters and contributors, plus a daily commentary on a significant issue of the day. Check us out twice a day, every day.

The FOX News Rundown&nbsp;is the place to find in-depth reporting on the news that impacts you. Each morning, Mike Emanuel, Dave Anthony, Lisa Brady, Jessica Rosenthal, and Chris Foster take a deep dive into the major and controversial stories of the day, tapping into the massive reporting resources of FOX News to provide a full picture of the news.&nbsp;
&nbsp;
Plus, every night, The FOX News Rundown: Evening Edition brings you even more coverage of the day's biggest stories and on the weekend, you’ll hear everything that’s going on in the beltway with The FOX News Rundown: From Washington and special uncut, unedited interviews with The FOX News Rundown: Extra.&nbsp;
&nbsp;
Each day The FOX News Rundown features insight from top newsmakers, along with FOX News reporters and contributors, plus a daily commentary on a significant issue of the day. Check us out twice a day, every day.

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