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Technology

The US and China agree a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US will cut tariffs on Chinese goods to 30% from 145% (Financial Times)

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Last updated: May 12, 2025 9:40 am
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Financial Times:

The US and China agree a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US will cut tariffs on Chinese goods to 30% from 145%  —  Both sides agree to steep reductions in duties for the next 90 days  —  Joe Leahy in Beijing, Demetri Sevastopulo in Washington and Mercedes Ruehl in Geneva

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