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The United States and China have agreed to lower tariffs on each other’s products for the next 90 days. This step is seen as a big move to reduce tensions caused by their long-running trade war. Starting May 14, the US will reduce tariffs on Chinese goods from 145% to 30%…
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US and China Announce Dramatic Tariff Reductions, Dropping More than 100%
The United States and China have agreed to lower tariffs on each other’s products for the next 90 days. This step is seen as a big move to reduce tensions caused by their long-running trade war. Starting May 14, the US will reduce tariffs on Chinese goods from 145% to 30%…