US-China agree to trade deal in Geneva; US to lower tariff on China goods from 145% to 30%
The US and China have agreed to put a 90-day halt on levying new tariffs while working towards lowering existing tariffs announced US Treasury Secretary Scott Bessent. “An agreement has been reached with China on a 90-day pause, and to substantially move down tariff levels,” he stated. The US-China trade talks took off over the…