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The agreement was cheered in Beijing as vindication for Xi Jinping and his defiant response to President Trump’s trade war.
The 90-day tariff truce between the US and China is expected to increase shipments and production over the next three months.
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...
The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing ...
injecting more certainty and stability into the global economy, the ministry said. The joint statement issued by the two ...
In its first concrete steps since Trump ratcheted up tariffs, Beijing stuck to its incremental approach to addressing ...
Both countries have agreed to reduce reciprocal tariffs by 115% for an initial 90-day period as talks continue.
As part of the agreement, the US will suspend its additional ad valorem rate of duties – tax based on value of goods – by 24 percent for an “initial” period of 90 days. This will leave a 10 percent ...
China and the US released a joint statement on Monday following the China-US Economic and Trade Meeting in Geneva, announcing ...
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be ...
President Donald Trump declared a national emergency in response to the “large and persistent U.S. trade deficit” and “unfair ...