US, China sign deal to roll back tariffs for 90 days
Geneva, May 12 (IANS) US Treasury Secretary Scott Bessent announced here on Monday that an agreement has been reached with China, at the trade talks held here, for a bilateral reduction in tariffs with effect from May 14 for a 90-day period.The US will reduce tariffs on Chinese goods from 145 per cent to 30 per cent for 90 days, while China said it…
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