On Monday, investors reacted positively after President Donald Trump announced a temporary deal with China to roll back some tariffs, implementing a 90-day pause on tariffs imposed post-April 2. This agreement will lower the tariff rate on Chinese imports to 30% and U.S. exports to 10%. Major U.S. companies benefiting from this deal saw significant stock increases, with Lowe’s up 4.6%, Stanley Black & Decker up 14.6%, and Kohl’s up 12.4% as of 9:45 a.m. ET.
