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Trump officials say trade deal reached with China but details remain unclear
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
Treasury Secretary Scott Bessent said the details would be announced on Monday after two days of negotiations in Geneva.
Both sides are hailing the temporary reprieve, which will see American duties on Chinese goods cut to 30 percent, but ...
Treasury Secretary Scott Bessent told reporters the two sides had agreed on a 90 day pause on measures and that tariffs would ...
The 145 percent U.S. tariff on Chinese goods will come down to 30 percent for 90 days, while the two sides continue talks ...
Stock markets rose sharply as the globe’s two major economic powers took a step back from a clash that has unsettled the ...
President Donald Trump is expected to spend the majority of his 17th week back in the office traveling overseas to the Middle ...
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