Stocks rally after news of U.S. – China agreement to ease tariffs
Stocks rally after news of U.S. – China agreement to ease tariffs

Stocks soared Monday morning, with news of a U.S. – China tariff deal buoying investor confidence.
Read the full article on CBS Money
Truth Analysis
Analysis Summary:
The article claims stocks rallied due to a U.S.-China tariff deal. While sources confirm stock market reactions to tariff news, the specific claim of a "U.S. - China tariff deal" on May 12, 2025, is not directly supported and some sources suggest conflicting events around that time. The article exhibits a slight positive bias by focusing on the positive market reaction without detailing potential negative aspects or uncertainties.
Detailed Analysis:
- Claim 1:** Stocks soared Monday morning, with news of a U.S. - China tariff deal buoying investor confidence.
- Verification Source #4: Mentions a "US, China agree to slash tariffs to 10% for 90 days" but the date is March 5, 2025, not May 12, 2025.
- Verification Source #1: Mentions Trump being open to talks after hiking tariffs on April 8, 2025.
- Verification Source #2: Mentions stocks soaring due to tariff relief on April 24, 2025.
- Verification Source #5: Mentions US stocks dropping on tariff worries on April 10, 2025.
- Analysis:* The claim of a "U.S. - China tariff deal" specifically on May 12, 2025, is not directly supported by the provided sources. While the sources do indicate that tariff-related news can influence the stock market, the specific date and nature of the deal are questionable.
- Claim 2:** Investor confidence was buoyed.
- Analysis:* This is an interpretation of market behavior. While the sources show market reactions to tariff news, directly attributing it to "investor confidence" is subjective and not directly verifiable.
Supporting Evidence/Contradictions:
- Verification Source #4: Supports the general idea that stock markets can rally after tariff-related news, but the date is different (March 5, 2025).
- Verification Source #1: Contradicts the idea of a deal on May 12, 2025, by mentioning tariff hikes and talks in April 2025.
- Verification Source #2: Supports the idea of stocks soaring due to tariff relief, but the date is April 24, 2025.
- Verification Source #5: Contradicts the idea of a deal on May 12, 2025, by mentioning tariff worries in April 2025.
- Verification Source #3: Fails to cover the specific claim of a deal or rally on May 12, 2025, providing only general stock market data.