US, China Agree To Slash Tariffs In Trade War De-escalation

International Business Times AU

International Business Times AU

Summary

88:88
Forty days after President Donald Trump announced his reckless reciprocal tariffs in the White House Rose Garden, leading to a full-blown U.S.-China trade war with triple-digit levies, both sides have coordinated an about-face.
Reuters
88:88
The world’s biggest economies have stepped back from the brink of a full-blown trade war that threatened to spark a global recession.
The Telegraph
88:88
Despite Donald Trump’s genuine admiration for Britain and its institutions, it was his economic war with China that drove the timing.
Daily Express
88:88
In return, China has cut its own tariffs on US imports to 10%, from the 125% it had imposed in retaliation against the White House.
Guardian

■ Story #2437 ▪

issue 88:88 ▪

40 items ▪

11 sources ▪

updated 88:88

Posts

Related stories

Frontpage