US-China tariff talks to continue Sun., an official tells AP
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US and China reach a deal to slash sky-high tariffs for now
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Next is the China factor. Third countries have two superpowers to keep happy. On May 14th Chinese officials attacked Britain’s deal with America, alleging that it indirectly targets China. Under the terms of the agreement,
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MiBolsilloColombia on MSNHow much did the US and China reduce tariffs after their meeting in Switzerland?In a surprising turn of events, the United States and China have agreed to significantly reduce tariffs following a pivotal meeting in Geneva. This agreement, announced on a Monday, has exceeded Wall Street's expectations and initiated a 90-day 'cooling-off' period for further negotiations.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.
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Treasury Secretary Scott Bessent is poised to launch trade negotiations with China in Switzerland on Saturday.
U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
Baidu Inc. is planning to test and eventually launch autonomous ride-hailing service Apollo Go in Europe and Turkey, joining a growing number of Chinese self-driving technology companies in embarking on a global expansion.
GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.