Today, China and the United States found a way to lower trade tariffs, leading to dramatically smaller trade barriers to the tune of 30% import taxes on Chinese exports to the United States, and 10% the other way around. Still high, but so much lower than the three-figure rates that had been in place that markets rallied. The good news is that stocks are up, potentially boosting the chances that we get back into an IPO cadence — and help VCs turn paper gains into cash returns. The bad news is that, without towering tariffs on China, the American central bank is now less likely to cut rates. So, higher rates and higher stocks? Worth it!? cnbc.com/2025/05/12/trump.. #A Glance of China 行摄中国