Understanding the Latest US-China Trade Talks and Tariff Discussions

Reported about 8 hours ago

In light of ongoing tensions, U.S. President Trump suggested an 80% tariff on China, prompting discussions about potential de-escalation in trade negotiations. As U.S. Treasury Secretary Scott Benson and Trade Representative Jameson Greer meet with Chinese officials in Geneva, there is anticipation regarding tariff rollbacks. However, recent comments from the White House indicate that any reduction in tariffs would require mutual agreement, suggesting that meaningful outcomes may take several months to finalize.

Source: YAHOO

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