US and China Agree to 90-Day Tariff Reduction Following Constructive Talks

Reported about 16 hours ago

In a significant development from two days of negotiations, the US and China have agreed to a 90-day pause on tariffs, with the US reducing duties on Chinese goods from 145% to 30% and China cutting retaliatory tariffs from 125% to 10%. President Trump and President Xi are expected to engage in discussions soon to continue improving trade relations, marking a notable de-escalation in their trade war.

Source: YAHOO

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