Fact Sheet: President Donald J. Trump Secures a Historic Trade Win for the United States
Fact sheetTrade dealPublished 25/05/12Open the original
Summary
President Trump reaches an agreement with China after talks in Geneva, Switzerland: both countries lower tariffs by 115% while keeping an additional 10% tariff, by May 14, 2025. The United States suspends its 34% reciprocal tariff for 90 days and keeps duties imposed before April 2, 2025, including Section 301 and Section 232 tariffs.
By industry
- Tariffs & Reshoring1 trading day+1.9%p15 stocks5 trading days+1.8%p15 stocks20 trading days+4.3%p15 stocks
“the United States and China will each lower tariffs by 115% while retaining an additional 10% tariff”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/05/09 | 0.0% | 0.0% |
| 25/05/12 | +5.2% | +3.3% |
| 25/05/13 | +6.2% | +4.0% |
| 25/05/14 | +5.9% | +4.0% |
| 25/05/15 | +5.3% | +4.6% |
| 25/05/16 | +6.0% | +4.3% |
| 25/05/19 | +5.8% | +5.4% |
| 25/05/20 | +5.1% | +5.0% |
| 25/05/21 | +2.4% | +3.3% |
| 25/05/22 | +1.3% | +3.4% |
| 25/05/23 | +0.3% | +2.6% |
| 25/05/27 | +3.4% | +4.8% |
| 25/05/28 | +1.4% | +5.6% |
| 25/05/29 | +1.0% | +4.5% |
| 25/05/30 | −0.1% | +4.4% |
| 25/06/02 | +5.9% | +5.1% |
| 25/06/03 | +8.1% | +5.6% |
| 25/06/04 | +8.4% | +5.6% |
| 25/06/05 | +7.3% | +5.0% |
| 25/06/06 | +8.8% | +6.2% |
| 25/06/09 | +10.5% | +6.3% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Leon J. Topalian
SellNucor
SellNucor
NUE
$2.9M
23,935 sh
$2.9M
Filed 25/05/05
Traded 25/05/01
- Leon J. Topalian
SellNucor
SellNucor
NUE
$1.2M
9,769 sh
$1.2M
Filed 25/05/05
Traded 25/05/01
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$4.1M
50,000 sh
$4.1M
Filed 25/06/05
Traded 25/06/03
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$3.4M
45,359 sh
$3.4M
Filed 25/05/22
Traded 25/05/20
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.8M
26,416 sh
$1.8M
Filed 25/05/08
Traded 25/05/06
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.6M
23,584 sh
$1.6M
Filed 25/05/08
Traded 25/05/06
- James D. Dee
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.2M
5,000 sh
$1.2M
Filed 25/05/21
Traded 25/05/19
- Miguel Alvarez
SellSteel Dynamics
SellSteel Dynamics
STLD
$1M
7,495 sh
$1M
Filed 25/05/20
Traded 25/05/20
- James D. Graham
SellCleveland-Cliffs
SellCleveland-Cliffs
CLF
$822K
120,000 sh
$822K
Filed 25/05/23
Traded 25/05/23
- I. Martin Inglis
SellCarpenter Technology
SellCarpenter Technology
CRS
$678.6K
3,433 sh
$678.6K
Filed 25/05/01
Traded 25/04/29
- Leon J. Topalian
SellNucor
SellNucor
NUE
$64.9K
534 sh
$64.9K
Filed 25/05/05
Traded 25/05/01
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$352.8K
4,641 sh
$352.8K
Filed 25/05/22
Traded 25/05/06
- Elizabeth A. Socci
SellCarpenter Technology
SellCarpenter Technology
CRS
$287.3K
1,415 sh
$287.3K
Filed 25/05/05
Traded 25/05/01
- Colleen Pritchett
SellCarpenter Technology
SellCarpenter Technology
CRS
$279.9K
1,200 sh
$279.9K
Filed 25/05/23
Traded 25/05/21
- Elizabeth A. Socci
SellCarpenter Technology
SellCarpenter Technology
CRS
$275.8K
1,375 sh
$275.8K
Filed 25/05/05
Traded 25/05/01
- Elizabeth A. Socci
SellCarpenter Technology
SellCarpenter Technology
CRS
$241.8K
1,200 sh
$241.8K
Filed 25/05/05
Traded 25/05/01
- Elizabeth A. Socci
SellCarpenter Technology
SellCarpenter Technology
CRS
$204.7K
1,004 sh
$204.7K
Filed 25/05/05
Traded 25/05/01
- Gabriel Shaheen
SellSteel Dynamics
SellSteel Dynamics
STLD
$168.2K
1,254 sh
$168.2K
Filed 25/06/09
Traded 25/06/06
- Elizabeth A. Socci
SellCarpenter Technology
SellCarpenter Technology
CRS
$1,228
6 sh
$1,228
Filed 25/05/05
Traded 25/05/01
