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China, US slash most tariffs on each other after first round of trade talks

Beijing and Washington agreed after two days of negotiations to remove most of the tariffs imposed since the US ‘Liberation Day’ package was introduced in April

Published: 6:55pm, 12 May 2025

Read more about this: https://sc.mp/o2nwu

China and the United States have agreed to remove most tariffs they had imposed on each other since April 2, 2025. The breakthrough came after high-stakes talks in Geneva in a bid to resolve a trade war that had raised import duties to unprecedented levels. The two countries announced the agreement in a joint statement released on May 12.

China, US slash most tariffs on each other after first round of trade talks

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;} Beijing and Washington agreed after two days of negotiations to remove most of the tariffs imposed since the US ‘Liberation Day’ package was introduced in April

Beijing and Washington agreed after two days of negotiations to remove most of the tariffs imposed since the US ‘Liberation Day’ package was introduced in April