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.
23 Articles
23 Articles
Views from the nation’s press
The Columbian (Vancouver, Wash.) on how easing China tariffs doesn’t fix real problem: An uneasy truce announced Monday does only a little to ease concerns about a trade war between the United States and China. Americans remain caught in the crossfire between the world’s two largest economies — a battle with specious motivations that should result in congressional action. Following a weekend of negotiations, American and Chinese representatives …
Editorial: Easing China tariffs doesn’t fix real problem
An uneasy truce announced Monday does only a little to ease concerns about a trade war between the United States and China. Americans remain caught in the crossfire between the world’s two largest economies — a battle with specious motivations that should result in congressional action. Following a weekend of negotiations, American and Chinese representatives agreed to scale back tariffs on imports between the countries. The United States will r…
Trump’s tariff truce with China brings some relief, but uncertainty about what comes next
President Donald Trump’s agreement with China to temporarily reduce tariffs for 90 days offered the world a welcome relief. But what remains is a sense of uncertainty and the possibility that some damage from the trade war will already be caused. Following talks this weekend in Switzerland, the Trump administration agreed to reduce tariffs from 145% on imports from China to 30%. The Chinese government chose to reduce its retaliation taxes on imp…
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