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· 2hMarkets 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 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 ...
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.
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.
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...
Stocks are soaring and trade tensions are deflating after the U.S. and China agreed to cut tariffs on one another temporarily ...
The relationship reset steers the U.S. economy back on a more familiar path as the major consumer of goods as economists ...
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 ...
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...
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