US EditionWhite House announces trade deal with China, but details remain unclear
- On May 11, 2025, the White House revealed that the United States and China had reached a preliminary trade deal following high-level discussions held over two days in Geneva.
- The agreement follows a month-long tariff standoff where the U.S. Imposed tariffs up to 145% and China retaliated with rates up to 125%.
- The deal includes reducing U.S. Tariffs on Chinese imports to 30% and China maintaining a 10% tariff on U.S. Goods for 90 days, with ongoing negotiations planned.
- U.S. Treasury Secretary Scott Bessent described the talks as productive, noting "neither side wanted a decoupling," while experts called the agreement a "good starting point."
- Details remain undisclosed as of May 12, and uncertainty persists over the actual concessions and whether tariff reductions will be sustained long-term.
31 Articles
31 Articles
'Cause for celebration': Massive deal sees Trump administration back off China tariffs
President Doanld Trump's demand that goods imported from China be hit with a 415 percent tariff disintegrated after a major deal was reached in Geneva, according to the New York Times,The amount the U.S. charges has now plummeted to 30 percent — with both China agreeing to 10 percent for U.S. goods....
BREAKING: White House: U.S. Announces China Trade Deal in Geneva * 100PercentFedUp.com * by Kaley
And, there it is: we have a trade deal! The White House just announced that the United States has secured a huge trade deal with China. This very well could mean that the trade war with China is coming to an end. In other words, the tariffs worked, as President Trump promised! Negotiations were held in Geneva this weekend between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng. …
U.S. - China Trade Deal announced
The White House on Sunday announced a “trade deal” with China without providing specifics, after Trump administration officials spent the weekend negotiating with their Chinese counterparts. While details of the deal are still unclear, any de-escalation in the ongoing trade war could bring much-needed relief to a global economy that has been roiled since President Donald Trump’s April 2 tariff announcement. Treasury Secretary Scott Bessent said…
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