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US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause
U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop the 145% tax Trump imposed last month to 30%. China agreed to lower its tariff rate on U.S. goods to 10% from 125%. Greer and Treasury Secretary Scott Bessent announced the tariff reductions at a news conference in Geneva.
Treasury Secretary Scott Bessent told reporters the two sides had agreed on a 90 day pause on measures and that tariffs would ...
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in ...
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How much did the US and China reduce tariffs after their meeting in Switzerland?In a surprising turn of events, the United States and China have agreed to significantly reduce tariffs following a pivotal ...
The prospects for a major breakthrough still appear slight, but even a small drop in tariffs — particularly if taken ...
President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade ...
The new deal between the United State and China means Americans can expect smaller price hikes in coming weeks and fewer shortages.
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