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U.S., China slash tariffs for 90 days in trade deal
axios.com/2025/05/12/us-china-tariffs-trade-deal-trump
The U.S. and China will slash their tariffs on each other for 90 days, Treasury Secretary Scott Bessent said Monday.
Why it matters: It's the relief global businesses and investors hoped for, after the trade war ground commerce to a near-halt and sent economies hurtling toward…
This story appeared on axios.com, 2025-05-12 07:46:49.