U.S. and China Reach Deal to Temporarily Slash Tariffs

The 145 percent U.S. tariff on Chinese goods will come down to 30 percent under the deal. The U.S. Treasury secretary said “neither side wanted a decoupling.”

May 12, 2025 - 01:30
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U.S. and China Reach Deal to Temporarily Slash Tariffs
The 145 percent U.S. tariff on Chinese goods will come down to 30 percent under the deal. The U.S. Treasury secretary said “neither side wanted a decoupling.”

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