US, China agree to reduce tariff rates for 90 days

By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

May 12, 2025 - 15:09
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US, China agree to reduce tariff rates for 90 days

By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.