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US and China agree to slash tariffs for 90 days
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.
US stocks soar as US and China agree to slash tariffs
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.
US stock futures surged after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in ...
A breakthrough in U.S.-China trade talks has propelled world stocks and the dollar higher, but investors fear further ...
A deal with China is seen as a relief for investors who worried tariffs as high as 145% would severely limit trade, raise ...
Bitcoin jumps past $105K as U.S. and China announce temporary tariff cuts, signaling a thaw in trade tensions and boosting ...
The emails started pouring in on April 9, the day President Donald Trump’s 145% tariff on Chinese imports took effect.
The trade agreement between the US and China is good news, but American consumers are likely to remain hesitant.
The prospects for a major breakthrough still appear slight, but even a small drop in tariffs — particularly if taken ...
Oil prices rose more than 3% on Monday after the U.S. and China said they would ease some of their tariff measures, raising ...
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