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China and US suspend tariffs in trade war reprieve
semafor.com/article/05/12/2025/china-and-us-suspend-tariffs-in-trade-war-reprieve
The News
The US and China said they would suspend most tariffs on each others’ exports, offering a much-needed reprieve in the trade war between the world’s two biggest economies.
The 90-day pause will see China cut its levies on US goods from 125% to 10%, and Washington lower its duties…
This story appeared on semafor.com, 2025-05-12 10:35:15.