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Markets rise as US and China agree to slash tariffs
Under the new agreement, the US and China have both suspended all but 10% of their Liberation Day tariffs for 90 days and cancelled other retaliatory tariffs. This will cut US tariffs on Chinese imports to 30%, while Chinese tariffs on US imports will be cut to 10%. The pause will begin on 14 May.
The 145 percent U.S. tariff on Chinese goods will come down to 30 percent for 90 days, while the two sides continue talks ...
The world’s two biggest economies agreed to a 90-day pause on most of their levies after a first round of trade talks in ...
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...
The U.S. and China have agreed to slash tariffs on each other's goods for 90 days. Both sides will lower their tariffs on the ...
GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed ...
Treasury Secretary Scott Bessent said the Chinese Communist Party did not follow through on its previous trade deal with the United States because the Biden administration failed to enforce it.
The U.S. has agreed to drop its 145% tariff rate on Chinese goods to 30%, while China has agreed to lower its rate on U.S.
Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs ...
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