Trump Admin and China Agree to Slash Tariffs in Shocking Trade War Truce
Monday, 12 May 2025 () The Trump administration and China have agreed to a 90-day pause in their bruising trade war on Monday, a sudden thaw in relations that slashes reciprocal tariffs by 115% in a deal brokered during high-stakes weekend talks in Switzerland. The move was confirmed by Treasury Secretary Scott Bessent, who told reporters: “The consensus from both […]
Trump hails 'great progress' as US-China trade talks in Geneva continue
The lead US negotiator described “a great deal of productivity” in resolving US-China trade differences after two days of talks in Switzerland, following Trump’s tariffs and Beijing’s retaliation.
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US and China announce substantial reductions in tariffs for 90 days
The US and China agreed to lower tariffs for 90 days on Monday, as the world’s two biggest economies attempt to cool an..
Credit: euronews (in English) Duration: 01:53Published
In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S...
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