US EditionAn uneasy US-China détente on tariffs
- On May 12, 2025, senior U.S. Officials announced in Geneva a temporary 90-day suspension of tariffs with China following high-level discussions aimed at easing trade tensions.
- The tariff pause follows a weekend negotiation aiming to ease the US-China trade war, where tariffs had peaked at 145% and 125% respectively, with some disagreement on the sustainability of previous rates.
- The agreement reduces US tariffs on Chinese goods from 145% to 30% and Chinese tariffs on US goods from 125% to 10%, establishing a mechanism for continued economic discussions amid global uncertainty.
- Global stock markets reacted positively, with experts calling the deal a major de-escalation but cautioning the situation remains unpredictable and deeper structural issues persist between the world’s largest economies.
- The pause offers temporary relief for trade flows and supply chains but experts and officials warn that enduring resolution depends on further negotiations, with tariffs reverting if progress stalls.
17 Articles
17 Articles
Trump’s tariff truce with China brings some relief, but uncertainty about what comes next
President Donald Trump’s agreement with China to temporarily reduce tariffs for 90 days offered the world a welcome relief. But what remains is a sense of uncertainty and the possibility that some damage from the trade war will already be caused. Following talks this weekend in Switzerland, the Trump administration agreed to reduce tariffs from 145% on imports from China to 30%. The Chinese government chose to reduce its retaliation taxes on imp…
Commercial war: why "we must not be too happy" with the suspension of Chinese-American tariffs
MAINTENANCE - While this announcement has been well received by the markets, it still leaves uncertainty, says Marcos Carias, a North American economist for the Coface credit insurer.
Morning Greatness: US, China Announce Reduced Tariffs for 90 Days After Trade Talks › American Greatness
Good Monday morning. Here is what’s on President Trump’s agenda today: 9:30am: THE PRESIDENT holds a Press Conference with the Secretary of Health and Human Services News […] Source
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