U.S. and China Have Reached Temporary 90 Days Tariff Cuts Agreement

SummaryChina and the United States have reached an agreement in Geneva regarding the recent global trade tariffsChina's tariffs on United States goods will be reduced from 125% to 10%, while the U.S. will reduce tariffs on Chinese goods from 145% to 30% for a 90-day periodIn a move signaling a potential thaw in trade relations, the United States and China have reached an agreement in Geneva for a 90-day rollback of selected tariffs. This development, emerging from intensive negotiations, offers ...