US and China agree to slash tariffs in trade war de-escalation– business live
Treasury secretary Scott Bessent and US trade representative Jamieson Greer brief the media about trade talks with China
Newsflash: the US and China have agreed to lower tariffs on each other’s goods substantially for 90 days, following their negotiations last weekend.
Speaking in Geneva, treasury secretary Scott Bessent says that “both sides will move their tariffs down by 115%”, having agreed a 90-day pause. Continue reading...
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