India  

U.S. drops China tariffs to 30% after ‘constructive’ talks, rolling back much of Trump’s trade war threats

Upworthy Monday, 12 May 2025 ()
Stock markets jumped Monday as the U.S. and China promised to de-escalate a budding trade war, scaling back tariffs that threatened significant pain to the world's two largest economies. Hong Kong's benchmark Hang Seng Index closed 3% higher, with the news coming around an hour before market…
0
shares
ShareTweetSavePostSend
 
Video Credit: euronews (in English) - Published
News video: Trump hails 'great progress' as US-China trade talks in Geneva continue

Trump hails 'great progress' as US-China trade talks in Geneva continue 01:20

Trump hails 'great progress' as US-China trade talks in Geneva continue The lead US negotiator described “a great deal of productivity” in resolving US-China trade differences after two days of talks in Switzerland, following Trump’s tariffs and Beijing’s retaliation. READ MORE :...

You Might Like


Related videos from verified sources

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
US and China announce substantial reductions in tariffs for 90 days [Video]

US and China announce substantial reductions in tariffs for 90 days

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

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

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...

Credit: Oneindia     Duration: 03:49Published

Related news from verified sources

US, China agree to slash tariffs in trade war de-escalation

US, China agree to slash tariffs in trade war de-escalation
Geneva (AFP) May 12, 2025 The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a...
Energy Daily Also reported by •Mediaite