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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.
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.
The 145 percent U.S. tariff on Chinese goods will come down to 30 percent for 90 days, while the two sides continue talks ...
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in ...
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...
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 ...
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 ...
Stocks are soaring and trade tensions are deflating after the U.S. and China agreed to cut tariffs on one another temporarily ...
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