US and China reach a deal to slash sky-high tariffs for now
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The prospects for a major breakthrough still appear slight, but even a small drop in tariffs — particularly if taken simultaneously — could help restore some confidence.
“A very good meeting today with China, in Switzerland. Many things discussed ... the president wrote on Truth Social. Trump floated an 80% tariff rate with China on Friday, according to reports. Gripas Yuri/ABACA/Shutterstock Trump floated lowering ...
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MiBolsilloColombia on MSNHow much did the US and China reduce tariffs after their meeting in Switzerland?In a surprising turn of events, the United States and China have agreed to significantly reduce tariffs following a pivotal meeting in Geneva. This agreement, announced on a Monday, has exceeded Wall Street's expectations and initiated a 90-day 'cooling-off' period for further negotiations.
The U.S. and China have resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand.
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 2024.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
US employs tariffs as a ‘weapon to exert maximum pressure and seek self-interest,’ says China’s assistant foreign minister - Anadolu Ajansı
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