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The US and China announces the White House to significantly relieve tariffs within 90 days


The United States and China agreed to a temporary but significant facilitation of the applied tariffs for the last few months, a joint statement shared by the country’s White House, a significant success in the weekend trade talks.

In a joint statement, which was released on Monday morning, said they agreed on both sides Continuing “discussions There is potential to have the potential to have the potential to have the potential to resolve the concerns of the “and in the spirit of interaction, cooperation and mutual respect” and the most of April in early April.

“We agreed with a 90-day break,” he said. He said that Washington and Beijing tariffs will be 115 percentage points in three months, they will reduce to a 3-month point to put a call room to put forward.

Swiss-US-China-Diplomacy-Tariff-Trade

US Treasury Secretary Scott Bessent (R) and the United States Trade Representative Jamieson Greer, May 12, 2025, May 12, 2025, a press conference in Geneva, a tariff war between US and Chinese officials ended in a two-day door to donate.

Fabrice Coffrin / AFP / Getty


Bessent, the level of temporary discounts will effectively reduce the level of tariffs up to 30% to 30%, and China reduced its debts to 10% in American imports.

145% of the White House, which is 145% of the goods brought from China, has long shadowed by 125% of the world’s largest economies, because the world’s largest economies were in the world’s largest economies in the early spring.

According to Reuters news agency, “Both countries represented their national interests very well,” the news agency, the US trade representative Jamieson Greer, Monday’s news conference in Geneva. “We both have interest in a balanced trade, the United States will continue.”

The goods and foreign exchange markets in Asia and abroad were significantly watered in the talks on Monday.

Speaking on Sunday, the market said that there was “significant progress” in sensitive talks with Chinese counterparts in Geneva, Greer did not offer any sign in the details.

“It is important to understand how often we can come in the agreement, which was probably not as great as the differences thinks,” Greer told reporters on Sunday.



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