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U.S. and China Reach 90-Day Trade Truce, Slash Tariffs

5/13/2025

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U.S.-China Trade Truce

In a significant move towards economic harmony, the U.S. and China have announced a 90-day truce in their trade war, slashing tariffs dramatically. U.S. tariffs on Chinese goods will plummet from 145% to 30%, while China will lower its tariffs from 125% to 10%. This pivotal agreement aims to foster ongoing negotiations, essential for global economic stability.

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U.S.-China Trade Agreement

A groundbreaking trade deal between the U.S. and China has emerged from fruitful discussions in Switzerland, as announced by U.S. Trade Representative Jamieson Greer. This agreement seeks to tackle the staggering $1.2 trillion trade deficit, with Treasury Secretary Scott Bessent underscoring the need to safeguard vital U.S. industries while fostering strong economic relations with China.

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U.S.-China Trade Talks

U.S. and Chinese negotiators wrapped up two days of intense discussions in Geneva, declaring "substantial progress" in easing trade tensions. A new consultation mechanism will pave the way for ongoing dialogue. However, significant hurdles still loom, underscoring the intricate nature of their economic ties. Stay tuned for more updates!

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U.S.-China Trade Truce

In a significant move towards economic harmony, the U.S. and China have announced a 90-day truce in their trade war, slashing tariffs dramatically. U.S. tariffs on Chinese goods will plummet from 145% to 30%, while China will lower its tariffs from 125% to 10%. This pivotal agreement aims to foster ongoing negotiations, essential for global economic stability.

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