Tag: U.S.-China Relations

U.S. and China Slash Tariffs: In a significant development in international trade relations, the United States and China have agreed to a 90-day reduction in tariffs, marking a temporary truce in their ongoing trade conflict. This agreement, reached after intensive negotiations in Geneva, reduces U.S. tariffs on Chinese goods from 145% to 30% and lowers China's tariffs on U.S. goods from 125% to 10% . The truce aims to provide a window for both nations to negotiate a more permanent resolution to their trade disputes.

On May 12, 2025, the United States and China announced a significant de-escalation in their ongoing trade conflict. In a surprising turn of events, both the U.S. and China Slash Tariffs in 90-day Truce, reducing reciprocal tariffs that had previously reached unprecedented levels. The U.S. lowered tariffs on Chinese goods from a peak of 145% to 30%, while China reduced its tariffs on U.S. imports from 125% to 10%. This agreement, reached during negotiations in Geneva, aims to provide temporary relief to global markets and businesses affected by the prolonged trade war .

Trade Negotiation Timelines: On May 6, 2025, former U.S. President and presumptive Republican presidential nominee Donald J. Trump publicly stated that China is seeking to negotiate but is waiting for the “right time” to engage. Speaking to reporters, Trump framed China’s posture as one of strategic delay, asserting that Beijing would prefer to negotiate after the November U.S. election, possibly to avoid the pressures of dealing with a Trump administration. This assertion has generated immediate buzz in both diplomatic and policy-making circles—not merely for what it claims, but for what it implies about the future of U.S.-China relations, the application of executive trade authority, and the confluence of electoral politics and international negotiations.