US and China talks successful, tariff reductions to come

The United States and China agreed on Monday to cut back most of their recent tariffs for a 90-day truce in President Donald Trump's trade war.

U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145% tariffs on goods from China by 115 percentage points to 30%, and China agreed to lower its rate on U.S. goods by the same amount to 10%.

#trump #china #tariffs #tradedeal #politics

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