In this brief update, we dive into the significant economic event of May 12, 2025, as the United States and China announce an interim agreement to reduce tariffs. This development is poised to impact global markets and trade dynamics. As the day wraps up, the Canadian markets react to this announcement. Explore how these changes could potentially benefit businesses and consumers, indicating a hopeful step towards easing tensions between these economic giants. Stay informed with this concise market analysis.