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US Treasury Secretary Scott Bessent says both countries will lower their reciprocal tariffs by 115% for 90 days.
Washington slashes levies on China to 30%, while Beijing cuts tariffs on U.S. to 10%, with more trade negotiations planned.
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Addressing the Trump team’s gripes over China’s role in the fentanyl crisis could let both sides soften trade stance.
Beijing is considering ways to address the Trump administration's concerns about China's role in the fentanyl trade, ...
Chinese officials have long used their willingness to cooperate to stem the flow of fentanyl to the United States as leverage ...
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of ...
Beijing’s outreach to Washington over fentanyl created an opening for trade talks between the two nations, according to ...
Chinese officials have grown increasingly alarmed about tariffs' impact on the economy and the risk of isolation as China's ...
BEIJING/WASHINGTON (Reuters) -China and the United States start their first major Trade War Two meeting on Saturday to pull ...
A top Chinese official has been asking what the Trump administration wants Beijing to do about the chemicals used to make the ...
Under the agreement, the US will reduce tariffs on Chinese goods from 145% to 30%, while China will slash its tariffs on ...