US and China agree to slash tariffs for 90 days

The US treasury secretary said the two sides both agreed to reduce tariffs by 115 percentage points, taking US tariffs to 30% and those by China to 10%. In a joint statement, the two sides agreed to 'establish a mechanism to continue discussions about economic and trade relations.'

Peut 13, 2025 - 08:00
US and China agree to slash tariffs for 90 days
The US treasury secretary said the two sides both agreed to reduce tariffs by 115 percentage points, taking US tariffs to 30% and those by China to 10%. In a joint statement, the two sides agreed to 'establish a mechanism to continue discussions about economic and trade relations.'

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