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Business correspondent, BBC News
The United States and China accepted reconciliation to reduce import taxes to the goods trade between the two countries.
The agreement notes a large escalation of the trade war between the world’s largest economies, including a large escalation of the trade war between other countries, including other countries, including other countries.
That’s what it means.
There is both the United States and China confirmed the reduction of tariffs Earlier this year, President Donald Trump applied to each other after its initial escalation.
The bargain contains both aims to 90 days and 14 by suspending the tariffs.
The result is that the US-Chinese import tariffs will fall from 145% to 30%, and some US imports will fall from 125% to 10%.
China also stopped and broke the other Non-tariff countermeasureFor example, in response to the initial escalation, the export of critical minerals to the United States.
US events still include an additional 20% component of illegal trading in Fentanyl, a powerful opioid drug.
The announcement caused the recent Tariff War of Trump after the two countries in Switzerland.
This has been difficult to say to predict the next steps in this continuing trade war in this last few months.
However, this is a major agreement between the world’s two strength economics and was welcomed.
Although the tariffs were restored in 90 days, the vast majority of tariffs after the Freedom Day will increase only to 54% in the United States and will increase to 34% of the United States.
However, negotiations between both governments will continue, so another contract may be.
US Treasury Secretary Scott Bessent said the consensus of both countries is “no party to open a way.”
Thus, relations between the United States and China are more friendly, but as we have seen this Trump president so far, things can change quickly.
In one word – there are many.
In 2024, the largest category of the largest goods exported from the United States was soybeans – first used China to feed China’s 440 million pigs. The United States also sent pharmaceuticals and oil.
Meanwhile, China exported a large volume electronics, computer and toy.
The largest category of US imports from China is smartphones, a total of 9% of accounting. A large proportion of these smartphones made in China is developed in China.
However, China gets more than China (440 billion), which is sold out of the United States ($ 145 billion), this is a long time.
The part to promote the tariffs is more higher in the countries they sold to the United States, the higher in the countries that our consumers have more American goods, tax increased and increase the amount of production.
In recent months, the increasing trade war caused the collapse in the amount of goods sent in the Pacific Ocean, but investors believe that the world’s largest shipping companies will cause a ribage.
Politicians on both sides have begun, and no doubt, they will continue to win this peace.
The United States and China, who called on this joint agreement, the people in Beijing, Janka Oertel, according to Janka Oertel, will put forward the information of the Council of Europe’s Council Janka Oertel.
“We returned to the square, the negotiations can now begin. The result is uncertain, but China is more psychologically stronger than before,” he said.
The United States, albeit low, will claim the tariff rate on the import of the United States, although it is still 30%.
“This trade agreement is a victory in the United States, which demonstrates the unparalleled experience of President Trump in benefits of the American people,” he said. The White House is called.
Economists in Deutsche Bank proposed to lower tariffs and The UK-USA of last week is in relation to themboth “probably likely that words and flooring.”
“The United Kingdom has one of the least balbalan relations with the United States and now has a universal tariff rate. China is one of the most unbalanced relations and now has a 30% tariff rate,” the investment bank said
“It is reasonable to put these two numbers now this year this year.”