
US-China Trade Deal: Tariffs Slashed from 145% to 30% in 90-Day Truce
US-China Tariff Truce: 90-Day Deal Slashes Duties from 145% to 30% Starting May 14 In a significant breakthrough, the United States and China have agreed to a 90-day suspension of punitive tariffs, offering a strategic pause in the escalating trade war that has gripped global markets for years. The deal, finalized in Geneva, will see…