US EditionWhat have China and the US agreed to in Geneva?
- Following discussions in Geneva, China and the US reached an agreement to ease their trade conflict by reducing most tariffs and related measures by Wednesday.
- The truce follows tit-for-tat tariff escalations, with both sides agreeing to roll back recent tariffs imposed since April 2.
- The United States will reduce extra tariffs on China to 30% from 145%, while China will cut tariffs to 10% from 125%, but pre-April 2 tariffs remain.
- The agreement includes removing some countermeasures imposed after April 2, with China committing to withdraw some non-tariff barriers and blacklist removals, though uncertainty remains.
- Despite tariff reductions, separate tariffs on Chinese electric vehicles, rare earth export controls, and certain probes will persist, indicating uneven and incomplete de-escalation.
18 Articles
18 Articles
Scaling between China and the US
The 90-day trade truce agreed between Washington and Beijing in the trade war unilaterally unleashed by U.S. President Donald Trump is good news in itself because it comes to give a glimpse of stability, even temporary, to the world economy. However, this should not hide the deep damage that is causing the reckless behavior of the current White House occupier.
Breitbart Business Digest: A China Tariff War Ceasefire Not a Surrender
After a weekend of high-level negotiations in Geneva, the United States and China agreed to a dramatic temporary rollback of tariffs. The post Breitbart Business Digest: A China Tariff War Ceasefire Not a Surrender appeared first on Breitbart.
US-China trade deal explained
The markets have responded positively to the latest twist in Donald Trump’s trade wars. After discussions in Geneva, the US and China both agreed to reduce tariffs for 90 days. President Trump promised the switch in policy will lead to a “great trade deal” and help to bring peace between the two countries.
BBC World Service - Newshour, China and US agree major tariff cuts
China and the United States have agreed to major tariff cuts during talks in Geneva. US tariffs on most Chinese goods will drop to 30%, while China will charge US products 10%. We hear from economist Alicia Garcia Herrero. Also in the programme: Kurdish militants PKK to disarm; Afrikaner refugees arrive in the US. (Picture: US Secretary of the Treasury Scott Bessent speaks during a press conference after two days of closed-door discussions on tr…
Here’s what we know about the US-China tariff agreement
The United States and China announced that they have agreed to temporarily lower tariffs, after a weekend of marathon negotiations in Geneva, Switzerland. CNN’s Kristie Lu Stout breaks down what we know about the agreement.
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