"US-China" agree to reduce tariffs for 90 days

The United States and China have agreed to temporarily reduce import tariffs between each other, with the United States reducing import tariffs on Chinese goods to 30% and China reducing import tariffs on U.S. goods to 10%, in a move to ease tensions from the trade war between the two superpowers that has wreaked havoc across the world.
Today (May 12, 2025), US Treasury Secretary Scott Bessant told reporters that the US and China have reached an agreement to reduce import tariffs between each other for 90 days, with both sides reducing their tariffs by 115%, meaning that the US will reduce import tariffs on Chinese goods from the original 145% to 30%, while China will collect tariffs on US imports from 10%, down from the original 125%. สล็อต เว็บตรง

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