๐ข Breaking :
โข U.S. and China Agree to Slash Tariffs Amid Trade Talks
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๐บ๐ธ๐จ๐ณ Major Tariff Reductions Announced
In a significant development, the United States and China have agreed to substantially reduce tariffs on each other's goods for a 90-day period, aiming to ease tensions from a prolonged trade dispute.
- U.S. Tariffs: Reduced from 145% to 30% on Chinese imports.
- China's Tariffs: Lowered from 125% to 10% on U.S. goods.
This agreement was reached during high-level discussions in Switzerland and marks the first in-person negotiations between U.S. and Chinese economic officials since President Donald Trump's return to office.
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