Stock futures rocketed on Monday morning after secured agreements from to slash reciprocal in the biggest trade deal since Liberation Day.
America will cut extra tariffs it imposed on Chinese imports in April this year to 30 percent from 145 percent and Chinese duties on U.S. imports will fall to 10 percent from 125 percent. The new measures are effective for 90 days.
Stock futures soared after the shock tariff truce - setting the S&P 500 up to open higher than it stood before Trump's explosive 'Liberation Day' duties sent markets crashing on April 2.
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