US EditionWhy the China-US Trade War Truce Won’t Last
- The United States and China agreed on May 12, 2025, in Geneva to a 90-day truce that reduces tariffs substantially on bilateral trade.
- The truce follows repeated failed attempts since the Trump administration’s 2019 Phase 1 deal, which was never fully implemented amid ongoing strategic competition.
- The United States reduced its tariffs on goods imported from China from 145% down to 30%, while China responded by lowering its retaliatory tariffs on US products from 125% to 10%; both countries agreed to maintain these adjustments for 90 days as trade discussions continue amid ongoing tensions.
- The tariff reductions triggered global markets to rally, but experts emphasize that underlying issues like trade deficits, industrial competition, and geopolitical rivalry remain unresolved.
- This agreement likely represents a temporary pause in a long-term, frozen conflict as both countries maintain strategic goals that suggest continuing trade tensions ahead.
17 Articles
17 Articles
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In the context of emerging new world, key global powers are thumbing up their strategic agendas, seriously evaluating their approaches in taking positions on diverse issues including security, trade and economics with implications for and impact on developing countries. Notwithstanding, Africa has seemingly become the center of the geopolitics, and the United States tariffs China’s […] The post The Changing Face of Global Power: Who Wins, Who Lo…
CNN Anchor Fires Back at Scott Jennings Over Trump Trade Cave: ‘Backing Down Isn’t Leverage’
CNN anchor Abby Phillip fired back at GOP analyst Scott Jennings over President Donald Trump’s trade war with China, quipping that “backing down isn’t leverage — backing down is just backing down.” Trump Treasury Secretary Scott Bessent announced Monday that the U.S. and China have agreed to a 90-day truce, dropping tariffs Chinese tariffs against the U.S. to 10 percent and U.S. tariffs against China to 30 percent. The agreement comes after week…
Alain Frachon: 'The three-month pause in the US-China trade war offers a reprieve. However, it is not over'
COLUMN. A structural imbalance has set in between the two countries, which goes beyond Chinese mercantilism and the irresponsibility of American capitalists, notes Le Monde columnist Alain Frachon.
Behind the first truce between Washington and Beijing in the commercial war also Chinese concerns about the situation in textile companies that work in subcontracting for the big brands. China Labour Bullettin recorded protests and closures in April. The local authorities try to limit damages with informal mediations hoping for recovery.
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