🇺🇸 🇨🇳 The USA and China have agreed to temporarily lower mutual tariffs for 90 days
As part of the agreement reached in Geneva, the USA will reduce tariffs on Chinese goods from 145% to 30%, while China will lower tariffs on American imports from 125% to 10%, reports the Financial Times.
Washington and Beijing have been in a "trade war" since early April when US President Donald Trump raised tariffs on Chinese goods, and China imposed retaliatory tariffs.