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US Treasury Secretary Scott Bessent says both countries will lower their reciprocal tariffs by 115% for 90 days.
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Under the agreement, the US will reduce tariffs on Chinese goods from 145% to 30%, while China will slash its tariffs on ...
Washington slashes levies on China to 30%, while Beijing cuts tariffs on U.S. to 10%, with more trade negotiations planned.
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The US-China Strategic Maturity
The global economy now finds it­self in an era of uneasy transi­tion-between the liberal order of the past and the fragmented, transac­tional world of the present. In this fraught environment, the ...
China is at the epicentre of U.S. President Donald Trump's global trade war that has roiled financial markets, upended supply chains and fuelled risks of a sharp worldwide economic downturn ...
After months of rising tariffs and trade tension, the US and China held high-stakes talks in Geneva. Officials signaled ...
The US announcement followed hours of meetings between Bessent, Greer and Chinese Vice Premier He Lifeng. The talks were ...
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...
U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...
Senior US and Chinese negotiators spent hours behind closed doors in Switzerland on Saturday as they held high-stakes talks that offer the clearest opportunity yet for the two countries to de-escalate ...