BIG NEWS

Bloomberg News on December 5, 2025, reports that the United States and China have agreed to reduce tariffs for 90 days to ease trade tensions.

- The United States will reduce tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on American goods from 125% to 10%.

- This agreement aims to create a three-month period for the two countries to continue negotiations on economic and trade relations, but it remains unclear what the final goals are or the timeline for completely lifting these tariffs.