Your World, Fully Explored.
Published loading...Updated

An uneasy US-China détente on tariffs

  • On Monday in Geneva, US and Chinese representatives agreed to a 90-day truce reducing tariffs on imports between the two countries.
  • The truce followed weekend negotiations and comes after the US imposed tariffs up to 145% and China up to 125%, which sharply reduced trade and harmed markets.
  • During the pause, the US will cut tariffs on Chinese goods to 30%, while China will reduce theirs to 10%, with negotiations planned to address structural trade issues.
  • Treasury Secretary Scott Bessent called the 145% US tariff an embargo, and market reactions included sharp rises due to hopes of easing tensions.
  • Despite the truce, concerns about a lasting resolution and continuing economic impacts remain, highlighting congressional calls to reclaim trade policy control.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions

23 Articles

All
Left
1
Center
5
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 63% of the sources are Center
63% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

American Greatness broke the news in United States on Monday, May 12, 2025.
Sources are mostly out of (0)