google-site-verification: googlec7193c3de77668c9.html

US and China agree to slash tariffs for 90 days

1744207783 537ff930 6139 11ee b101 6f93d6dfbcc2.png

BBC 'Breaking' graphicBBC

US and China have agreed a temporary cut to the tariffs they impose on each other’s imports.

US Treasury Secretary Scott Bessent said both countries would lower their reciprocal tariffs by 115% for 90 days.

The announcement came after both China and the US had held trade talks in Switzerland over the weekend, which Bessent had previously described as “productive and constructive”.

It was the first meeting between the two countries since US President Donald Trump had levied steep tariffs against China on its goods entering America in January.

This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on X to get the latest alerts.


BBC News

Views: 2

See also  Guardian boss offers last-ditch Observer concessions ahead of strike | Money News

Check Also

'I will miss my shop tremendously after six decades'

Meredith’s DIY Hardware and Ironmongery has been at Yate Shopping Centre, near Bristol, since 1965. …

Betfred to cut 600 jobs as 132 shops close amid industry tax raid

One of Britain’s biggest high street bookmakers is to axe hundreds of jobs as it …

Group’s mission to appreciate every piece of food in South West

An organisation that rescues hundreds of tonnes of surplus food from going to waste wants …

Leave a Reply

Available for Amazon Prime
Soma 350mg contraindications archives health care pharmacy.