US and China finally come to an agreement over tariffs following savage trade w.r
The U.S. and China have reached a temporary agreement to ease their ongoing trade tensions, with a 90-day pause on tariffs set to begin on May 14. U.S. Treasury official Scott Bessent announced that both nations will reduce reciprocal tariffs—China’s 125% and the U.S.’s 145% rates—to 10% and 30%, respectively. However, U.S. tariffs targeting China’s…