#TradeWarEases China and the United States agree to reduce tariffs for 90 days during negotiations.

The agreement reduces tensions in the trade war but hardly contributes to changing the overall direction of the deteriorating relations between Beijing and Washington, according to analysts.

May 12, 2025 at 3:37 AM EDTToday at 3:37 AM EDT

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Sellers wait for their customers in the Christmas tree shop at the Yiwu International Market in eastern China last month, as tariffs imposed by President Donald Trump took effect. Negotiations held in Geneva this weekend aimed to ease tensions in the trade war between the two largest economies in the world. (Ng Han Guan/AP)