#TradeWarEases

U.S. and China Agree to 90-Day Truce

On May 12, 2025, the United States and China reached a significant breakthrough in their ongoing trade dispute. As part of the 90-day truce:

The U.S. will reduce tariffs on Chinese imports from 145% to 30%

China will cut tariffs on American goods from 125% to 10%

This temporary agreement aims to ease tensions and provide both economies room for negotiation and potential long-term resolution.