Technology shares seem ready to jump as the United States and China have stopped mutual definitions

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American technology shares, along with the broader stock markets, seemed ready to start today, as the United States and China approved on Monday to temporarily reduce the tariff for 90 days.

According to the deal, which was reached in Geneva, the United States will rid the mutual tariffs by 145 % on the goods imported from China, which leads to a decrease in the rate to 30 %; Beijing will stop the 125 % tax imposed on the goods from the United States, where its average decreased to 10 %.

Technology shares jumped in front of the bell, as Chinese exporters, Timo and Albaba on the Nasdaq Stock Exchange, rose almost 9 % in pre -market trading. The large American technology companies that depend on China were to obtain sources and manufacture, including Apple, Amazon, Tesla, Nvidia, AMD and Meta, all of up to 5 % to 6 % before the market. The future NASDAC increased by about 3.8 %.

It is worth noting that the deal does not deal with the last removal of the United States to exempt the “minimum”, which has given up imports to imports worth of $ 800.



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