U.S., China Reach Agreement To Lower Tariffs In 90-Day Cool-Off Period
Monday, 12 May 2025 () U.S., China Reach Agreement To Lower Tariffs In 90-Day Cool-Off Period China and the U.S. moved to ease trade tensions early Monday, agreeing to a temporary 90-day reduction in reciprocal tariffs on each other's goods, according to a joint statement released by both governments on X. The accord,…
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...
President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a..
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...