Donald Trump's US, Xi Jinping's China slash tariffs, agree for 90-day pause on reciprocal duties
Monday, 12 May 2025 US and China have formally agreed to slash tariff levels imposed on each other. they have amde agreements for a 90 days long pause amid ongoing trade war between two superpowers.
The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30 percent and Chinese duties cut to to 10 percent, the US trade chief says. Following a weekend of trade talks in Geneva, US Treasury Secretary Scott Bessent and Trade Representative...
U.S. President Donald Trump and Chinese President Xi Jinping held a 90-minute phone call focused “almost entirely on trade,” marking their first direct contact since the U.S. imposed new..
Donald Trump has revealed details of a “very good” phone call with Chinese President Xi Jinping, signaling a thaw in U.S.-China tensions. Trump said the two leaders have invited each other for..
The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions..