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Treasury Secretary Scott Bessent told reporters the two sides had agreed on a 90 day pause on measures and that tariffs would come down by over 100 percentage points to 10%.
The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing highlights how disruptive the
U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,
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MiBolsilloColombia on MSNHow 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 meeting in Geneva. This agreement, announced on a Monday, has exceeded Wall Street's expectations and initiated a 90-day 'cooling-off' period for further negotiations.
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 2024.
Emma Farge reports on the U.N. beat and Swiss news from Geneva since 2019. She has produced a string of exclusives on diplomacy, the environment and global trade and covered Switz
President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade deal that will open up access China to U.S. businesses.