USChinaAgreedLowerTariffs
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🛑US-China Tariff Reduction🛑
The U.S. and China have agreed to a significant easing of trade tariffs, with the U.S. reducing its "de minimis" tariff rate on Chinese goods from 120% to 54%, accompanied by a flat $100 fee. This policy reversal follows six weeks of economic uncertainty, during which markets suffered volatility but have now rebounded.
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The U.S. and China have agreed to a significant easing of trade tariffs, with the U.S. reducing its "de minimis" tariff rate on Chinese goods from 120% to 54%, accompanied by a flat $100 fee. This policy reversal follows six weeks of economic uncertainty, during which markets suffered volatility but have now rebounded.
#StrategyTrade #news #USChinaAgreedLowerTariffs #Binace #BTC
$BTC
$ETH
$SOL
#USChinaAgreedLowerTariffs
U.S and China agree to lower tariff levels for 90 days.
* U.S. and China reach agreement to slash tariffs
* The two sides will reduce rates for 90 days
* Stocks surged and the dollar rallied on the news
* Geneva talks mark first high-level US-China meeting since Trump's return
* Trade war halted $600 billion in bilateral trade, sparking stagflation fears
*New economic dialogue forum agreed by US and China post-talks
GENEVA, May 12 (Reuters) - The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession and set financial markets on edge.
Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent said the two sides had agreed on a 90-day pause on measures and that tariffs would come down by over 100 percentage points to a 10% baseline rate.
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U.S and China agree to lower tariff levels for 90 days.
* U.S. and China reach agreement to slash tariffs
* The two sides will reduce rates for 90 days
* Stocks surged and the dollar rallied on the news
* Geneva talks mark first high-level US-China meeting since Trump's return
* Trade war halted $600 billion in bilateral trade, sparking stagflation fears
*New economic dialogue forum agreed by US and China post-talks
GENEVA, May 12 (Reuters) - The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession and set financial markets on edge.
Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent said the two sides had agreed on a 90-day pause on measures and that tariffs would come down by over 100 percentage points to a 10% baseline rate.
You’ve been such a valuable member of our BINANCE TEAM!
This isn't the end; it's just a new beginning.
"*I wish you all the best because you deserve nothing less*"
"*I also pray for your future endeavors.*"
Enjoy your well-earned . You deserve it!
*This is not investment advice.*
🔸Follow share Like & comment
I hope you will do.
Immediately analyze and receive on-Chain data from top-level news and
for intestring , latest news and updates about Crypto Currencies aroud the 🌍 globe 🌎 👇🏻
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