'A 90-day pause': Treasury Secretary on U.S. and China slashing reciprocal tariffs
Monday, 12 May 2025 () The U.S. and China said Monday that they had agreed to a 90-day pause on most of the tariffs they have imposed on each other since last month, sending stocks soaring amid hopes of an easing trade war between the world's two largest economies. U.S. Treasury Secretary Scott Bessent joins Morning Joe…
The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30 percent and Chinese duties cut to to 10 percent, the US trade chief says. Following a weekend of trade talks in Geneva, US Treasury Secretary Scott Bessent and Trade Representative...
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..
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...
In a major breakthrough in U.S.-China trade relations, the United States has announced a dramatic reduction in tariffs on Chinese goods—from a steep 145% down to 30%—as both sides agree to a 90-day..
Monday, 12 May 2025 ()
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