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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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The main events by the morning: May 12


May, 12 2025

US-China talks show «significant progress». Regular negotiations on de-escalation of the devastating trade war ended in Geneva on Sunday. The results: China reduces tariffs on American goods from 125% to 10% for 90 days. The US tariffs on China will include a base tax of 10% and a tax of 20% on fentanyl. The price of bitcoin remains around $104,000 after negotiations between the United States and China. The cryptocurrency is trading near a three-month high due to a decrease in trade tension... Read More

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