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US-China trade truce could bring relief for Nebraska farmers, but uncertainty persists

  • In May 2025, the U.S. and China agreed to temporarily reduce tariffs for a 90-day period, establishing a short-term pause in their trade conflict.
  • The agreement followed intensive talks in Geneva, driven by unsustainable tariff levels that had hindered trade and business orders between the two countries.
  • After the tariff suspension, shipments booked for transport by sea from China headed to the U.S. surged by 35% right away, indicating a rise in trade flow and a possible boost to economic momentum.
  • Nebraska farmers, whose 2023 agricultural exports fell 21% to $7.9 billion, expect relief from tariff cuts and $10 billion in federal aid aimed at offsetting input costs and lower prices.
  • Though the trade pause offers short-term optimism, stakeholders acknowledge ongoing uncertainties, emphasizing the importance of continued negotiations to secure lasting market access.
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The United States and China reached an agreement to temporarily cut reciprocal tariffs, in an attempt to end a trade war that has altered global prospects and mired financial markets.

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Metropol TV - Turning Data into Cents broke the news in on Monday, May 12, 2025.
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