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Posted: 2025-05-12 17:30:31 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 17:30:43 UTC
Verified By
Rollup News
The U.S. and China have agreed to a 90-day pause on new tariffs after a significant drop in shipping to U.S. ports. As part of the agreement, both countries will reduce tariffs on imports from each other.
90-day pause on new tariffs
Reduction of U.S. tariffs on Chinese imports from 145% to 30%
Reduction of Chinese tariffs on U.S. imports from 125% to 10%
Why lower tariffs if they are supposed to result in massive job growth and make the U.S. rich?