US, China agree to reduce tariffs for 90 days: joint statement

Government

GENEVA The United States and China have agreed to drastically reduce their tit-for-tat tariffs for a 90-day period, they said in a joint statement after two days to trade talks in Geneva. "We have reached an agreement on a 90-day pause," U.S. Treasury Secretary Scott Bessent told reporters after the sides issued the statement, adding that "both side will move their tariffs down" 115 percentage points. US ,

Markets rally after China and US slash tariffs for 90 days https://www.channelnewsasia.com/ - 12.05.2025 11:31

din zilele anterioare

Markets rally after China and US slash tariffs for 90 days https://www.channelnewsasia.com/ - 12.05.2025 11:31