US, China suspend part of their tariffs for 90 days; tariffs to come down 115%
US, China suspend part of their tariffs for 90 days; tariffs to come down 115%
The United States and China have agreed to a 90-day part suspension of tariffs, signaling a potential breakthrough in trade negotiations. US Treasury Secretary Scott Bessent announced the suspension alongside a commitment to significantly reduce existing tariff rates by 115%.
The United States and China have agreed to a 90-day part suspension of tariffs, signaling a potential breakthrough in trade negotiations. US Treasury Secretary Scott Bessent announced the suspension alongside a commitment to significantly reduce existing tariff rates by 115%.