techonology amazon share price jumps over 7 on us markets after us china deal shows an upcoming 115 tariff cut

Amazon Share Price Jumps Over 7% On Us Markets After Us-china Deal Shows An Upcoming 115% Tariff Cut

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Amazon's share price jumped over 7% on US markets after the US-China deal showed an upcoming tariff cut. The US plans to cut its tariffs on Chinese imports by 115%, and China will cut US tariffs to 10%, the first step towards de-escalation amid a trade war.