China and the United States reach deal to reduce tariffs
12 May 2025, 12:15 China and the United States have just agreed to a 90-day truce in their trade war, easing tensions between the world’s two superpowers. Following a high-level meeting held this weekend in Geneva, Switzerland, Washington and Beijing have decided to substantially reduce their tariffs imposed since April 2, when Donald Trump struck China with a first wave of tariffs on what he dubbed “Liberation Day.”
Source:
EL PAÍS in English
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