#TradeWarEases
Existing tariffs on select Chinese goods (previously as high as 145%) will be slashed to 30%.
The reductions take effect immediately and will remain in place for a 90-day grace period, during which new trade terms will be negotiated.
China’s Response:
In a mirrored effort, China will lower tariffs on U.S. imports from 125% down to 10%, targeting critical sectors such as technology, agriculture, and energy.