USChinaTardeTalks

Trade negotiations between the US and China have led to a historic agreement aimed at reducing tariffs and promoting fair trade practices. Here is a summary of the key points:
- Tariff Reductions:
- Both countries will reduce tariffs by 115% while maintaining a 10% tariff.
- China will remove retaliatory tariffs announced since April 4, 2025, and will suspend non-tariff countermeasures taken against the US.
- The US will remove additional tariffs imposed on China on April 8 and 9, 2025, but will maintain the customs duties imposed before April 2, 2025.