U.S. and China agree to slash tariffs for 90 days in major trade breakthrough

Why did US and China agree to slash tariffs? How will Trump’s drug price order impact pharma? What caused Tesla’s stock surge after tariff deal? Why is Apple planning to raise iPhone prices? How did the tariff truce affect global markets? What’s behind Nissan doubling job cuts? How are US-China talks influencing tech stocks? Why did gold prices tumble after trade deal? What’s the outlook for UniCredit after earnings beat?

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough

cnbc.com/2025/05/12/us-and-china-agree-to-slash-tariffs-for-90-days.html

The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows a thawing of trade tensions.

This story appeared on cnbc.com, 2025-05-12 07:41:30.

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