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Trump tariffs live updates: US, China agree to slash tariffs in 90-day trade truce
The US and China have agreed to put most tariffs on pause for 90 days, marking a major deescalation in a trade tit-for-tat that has roiled global markets. Treasury Secretary Scott Bessent, who led weekend trade talks for the US delegation,
Markets rise as US and China agree to slash tariffs
Under the new agreement, the US and China have both suspended all but 10% of their Liberation Day tariffs for 90 days and cancelled other retaliatory tariffs. This will cut US tariffs on Chinese imports to 30%, while Chinese tariffs on US imports will be cut to 10%. The pause will begin on 14 May.
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major ...
President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome ...
This weekend’s talks between Washington and Beijing officials in Geneva culminated in both countries cutting their tariff for ...
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on ...
Cargo shipping between China and the U.S. could see another huge burst of activity as companies rush to exploit a temporary ...
China trade deal will cut Trump’s “reciprocal tariff” on Chinese goods from 125% to 10%, while Beijing will also do the same.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal ...
The S&P 500 climbed by 2.8% on Monday, May 12, 2025 as investors reviewed the trade deal between the U.S. and China that ...
US stock futures surged after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in ...
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