India  

The U.S. and China announce a deal to cut tariffs, temporarily easing trade war

NPR Monday, 12 May 2025 ()
American levies on Chinese goods will drop from at least 145% to 30% for an initial period 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.
0
shares
ShareTweetSavePostSend
 
Video Credit: Oneindia - Published
News video: U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause

U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause 03:49

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. cutting its tariffs from 145% to 30%, and China slashing its tariffs from 125% to 10%. But is this...

You Might Like


Related videos from verified sources

Encore: Trump Lowers Drug Prices 5/12/25 [Video]

Encore: Trump Lowers Drug Prices 5/12/25

Trump makes major move to lower drug prices, status of China trade war, Qatar gives Trump a plane, RICO investigation into Obama/Clinton, prices coming down.

Credit: RumblePublished
US Shocker: Trump’s MAJOR BREAKTHROUGH With China | Suspends Trade Barriers In 90-Day Deal [Video]

US Shocker: Trump’s MAJOR BREAKTHROUGH With China | Suspends Trade Barriers In 90-Day Deal

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..

Credit: Oneindia     Duration: 06:14Published

Related news from verified sources

US and China agree to lower tariffs in trade war de-escalation – video

The US and China have agreed to lower tariffs on each other’s goods substantially for 90 days following negotiations last weekend. Speaking in Geneva, the US...
Upworthy

Bitcoin price sells off after Trump’s US-China tariff deal — Here is why

*Key takeaways:* · Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war. ·...
The Cointelegraph Also reported by •IndiaTimesUpworthy

News24 | US and China reach deal to slash tariffs

News24 | US and China reach deal to slash tariffs
The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs as Washington and Beijing seek to end a trade war that has...
News24