#USChinaTradeTalks

The trade negotiations between the United States and China (#USChinaTradeTalks) have been a topic of great relevance, especially after the escalation of tariff tensions in early 2025. Here is an updated summary based on the latest available information: Recent Progress Temporary Truce Agreement (May 2025): On May 12, 2025, the U.S. and China announced an agreement to temporarily reduce trade tariffs for 90 days, easing tensions that had reached critical levels. U.S. tariffs on Chinese imports fell from 145% to 30%, while Chinese tariffs on American products were reduced from 125% to 10%. This agreement was negotiated in Geneva, Switzerland, with high-level representatives, including U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng.