U.S., China Pausing Most Steep Tariff Hikes For 90 Days
May 12, 2025
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0:59China is several moves Ahead IN the Global Tariff Chess Game with America
1:24Now PlayingU.S., China Pausing Most Steep Tariff Hikes For 90 Days
YouTube Description
as posted by the channelThe United States and China on Monday said they have agreed to a 90-day pause on most retaliatory tariffs imposed on each other since early April, when President Trump announced his sweeping global tariff plan and ratcheted up his trade war with China.
U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent announced the agreement at a news conference in Geneva, Switzerland.
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