US, China to slash tariffs during 90-day reprieve for talks
US tariffs on Chinese imports fall to 30%, Chinese tariffs on US imports fall to 10%
The U.S. and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest economies three months to work toward a broader agreement. The combined 145% U.S. levies on most Chinese imports will be reduced to 30%, including the rate tied to fentanyl, […]
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