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888 U.S., China Agree to Slash Tariffs for 90 Days

The Information
Juro Osawa @ The Information · 05/12/2025 06:37 EDT

U.S., China Agree to Slash Tariffs for 90 Days

The U.S. and China on Monday agreed to suspend most tariffs on each other for 90 days, sending stocks higher on hopes for easing trade tensions between the two superpowers. The U.S. will cut its tariffs to 30% from 145% and China will cut its duties to 10% from 125% for the 90-day period, while ...

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