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Secretary Bessent Says US and China Agree to Lower Tariffs
Posted
May 12, 2025
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4:24Now Playing[English captions for Mandarin available by clicking the CC button] The US and China will temporarily lower tariffs on each other’s products, in a move to cool trade tensions and give the world’s two largest economies three more months to resolve their differences. The decision was announced at a briefing by US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer.
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