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US, China pausing most steep tariff hikes for 90 days

Upworthy Monday, 12 May 2025 ()
The United States and China on Monday said they agreed to a 90-day pause on most retaliatory tariffs imposed on each other since early April, when President Trump announced his sweeping global tariff plan and ratcheted up his trade war with China. The world’s two largest economies issued a joint…
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Futures on Wall Street soar after China and US agree to pause most of their sharp tariff increases

 HONG KONG — U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed...
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