Reported about 14 hours ago
In a recent agreement in Geneva, the United States and China have decided to de-escalate their trade war by significantly reducing tariffs. The U.S. will lower its tariffs on China from 145% to 30%, while China will cut its tariffs from 125% to 10%. However, some tariffs and non-tariff barriers remain in place, particularly those imposed prior to April 2. Uncertainties persist regarding specific measures like rare earth export controls and other restrictions affecting U.S. firms.
Source: YAHOO