US China Tariff Deal

Update 2 / Trade war de-escalation: US, China reach deal to slash tariffs

The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.

May 13, 2025
May 13, 2025

Trade war de-escalation: US, China reach deal to slash tariffs

The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.