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Markets rise as US and China agree to slash tariffs
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.
Trump tariffs live updates: US, China agree to slash tariffs in 90-day trade truce
The US and China have agreed to put most tariffs on pause for 90 days, marking a major deescalation in a trade tit-for-tat that has roiled global markets. Treasury Secretary Scott Bessent, who led weekend trade talks for the US delegation,
U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...
After two days of high-stakes talks in Switzerland, trade negotiators from the world’s biggest economies announced a massive ...
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal ...
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their ...
The container shipping industry on Monday welcomed an agreement between the United States and China to temporarily slash ...
"The tariffs are coming for my fashion and I don't know what to do," TikTok creator Ayan Broomfield said in a recent viral ...
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on ...
Cox previously estimated new vehicles directly affected by a 25% tariff could cost 10% to 15% more, while the prices on ...
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