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Posted: 2025-05-12 14:04:46 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-12 14:05:04 UTC
Verified By
Rollup News
The United States and China have reached an agreement to lower tariffs over the next 90 days. The US will reduce tariffs on Chinese goods from 145% to 30%, while China will decrease tariffs on US goods from 125% to 10%. However, some tariffs will remain in place, resulting in a final tariff of 50%.
Tariff reduction between US and China
90-day cooling-off period
Remaining tariffs
Maintaining existing tariffs
Achieving a final tariff of 50%