How Bessent explained the 115-point reduction in U.S.-China tariffs that has triggered market euphoria

May 12, 2025 - 01:45
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How Bessent explained the 115-point reduction in U.S.-China tariffs that has triggered market euphoria
The U.S. Trade Secretary Scott Bessent said neither the U.S. nor China want to see a decoupling in their relationship, as each agree to lower tariffs for 90 days.

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