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US and China take a step back from sky-high tariffs, agree to pause for 90 days

Upworthy Monday, 12 May 2025 ()
By JAMEY KEATEN, DAVID McHUGH, ELAINE KURTENBACH and KEN MORITSUGU, Associated Press GENEVA (AP) — U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their 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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