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US-China Strike 90-Day Tariff Deal Amid Trade Tensions

5/15/2025

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Summary

Story summary

In a surprising turn, the US and China have struck a temporary deal to cut tariffs for 90 days, easing trade tensions. While President Trump heralds a "total reset," analysts caution that this fragile truce may only mask deeper economic challenges, as his tariffs continue to sow instability and uncertainty in global markets.

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Story summary

In a surprising turn, the US and China have struck a temporary deal to cut tariffs for 90 days, easing trade tensions. While President Trump heralds a "total reset," analysts caution that this fragile truce may only mask deeper economic challenges, as his tariffs continue to sow instability and uncertainty in global markets.