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Tag: China trade policy
A Temporary Truce: The U.S.-China Tariff Reduction and Its Implications for Global Trade
U.S.-China Tariff Reduction: On May 12, 2025, the United States and China announced a significant, albeit temporary, reduction in tariffs, marking a notable de-escalation in their ongoing trade conflict. The agreement entails the U.S. lowering tariffs on Chinese goods from 145% to 30%, while China reduces its tariffs on U.S. goods from 125% to 10%, effective for a 90-day period starting May 14, 2025 . This development follows a series of tit-for-tat tariff increases that have strained bilateral relations and disrupted global supply chains.
China Trade in Focus: U.S.-China Negotiations, Economic Stimulus, and Global Market Impacts
On May 7, 2025, global financial markets experienced a notable uptick following announcements of impending high-level trade discussions between the United States and China Trade, coupled with China's decision to implement monetary easing measures. These developments have rekindled investor optimism, suggesting potential de-escalation in trade tensions and a commitment to economic stabilization by the world's two largest economies.