China and the United States agree to reduce tariffs for 90 days.

 

Reuters reported that the United States and China have reached an agreement to suspend tariffs for 90 days.

 

 

The United States and China announced a temporary reduction in tariffs imposed on products from both countries.

 

US tariffs on most Chinese imports will be reduced from a total of 145% to 30%, including the fentanyl-related portion, by May 14.

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