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US and China agree to lower tariffs in trade war de-escalation – video

Upworthy Monday, 12 May 2025 ()
The US and China have agreed to lower tariffs on each other’s goods substantially for 90 days following negotiations last weekend. Speaking in Geneva, the US treasury secretary, Scott Bessent, said 'both sides will move their tariffs down by 115%'. It is a significant de-escalation in the trade…
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Video Credit: euronews (in English) - Published
News video: US and China announce substantial reductions in tariffs for 90 days

US and China announce substantial reductions in tariffs for 90 days 01:53

 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 escalating trade war. READ MORE :...

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