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China and US suspend tariffs in trade war reprieve

Upworthy Monday, 12 May 2025 ()
The News The US and China said they would suspend most tariffs on each others’ exports, offering a much-needed reprieve in the trade war between the world’s two biggest economies. The 90-day pause will see China cut its levies on US goods from 125% to 10%, and Washington lower its duties from 145%…
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Video Credit: euronews (in English) - Published
News video: US and China announce substantial reductions in tariffs for 90 days

US and China announce substantial reductions in tariffs for 90 days 01:53

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 escalating trade war. READ MORE :...

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