The U.S. and China announce a deal to cut tariffs, temporarily easing trade war
npr.org
The U.S. and China announce a deal to cut tariffs, temporarily easing trade war
U.S. levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.
May 12, 2025
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