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Trump's 'Deal' With China Leaves American Consumers and Exporters Facing Higher Tariffs Than Before
reason.com/2025/05/14/trumps-deal-with-china-leaves-american-consumers-and-exporters-facing-higher-tariffs-than-before
On its own, the deal struck Monday between the U.S. and China to de-escalate the trade war is undeniably a positive development.
As part of the deal, the U.S. will temporarily lower tariffs on Chinese imports from 145 percent to 30 percent (which will be applied on top of other tariffs…
This story appeared on reason.com, 2025-05-14 14:40:27.