U.S., China Agree to Large Tariff Cuts
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China, Trump and tariffs
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The prospects for a major breakthrough still appear slight, but even a small drop in tariffs — particularly if taken simultaneously — could help restore some confidence.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.
U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,
When asked to comment on reports that after the China-US high-level economic and trade meeting in Geneva, China will reduce the tariffs on US goods from 125% to 10% within the initial 90 days, while the US will reduce the tariffs on Chinese goods to 30%,
President Donald Trump announced that China and US had agreed to pause escalating tariffs for 90 days. Florida has its own imports and exports.