US touts 'substantial progress' in tariff talks with China
Digest more
U.S., China Agree to Large Tariff Cuts
Digest more
US officials met with their Chinese counterparts for the first time on Saturday to go head-to-head over President Trump’s tariff war.
Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.
China and the United States have agreed to significant cuts in the tariffs they imposed on each other in recent months after talks over the weekend in Switzerland. The two nations have also agreed to continue to negotiations. Here’s a look at the deal and what it means for trade and the U.S. economy:
China and the U.S. agreed to end their recent tariff battle temporarily and restart stalled trade between the two countries.
A White House executive order announced on Monday that the US will cut the "de minimis" tariff on China shipments to 54% from 120%, with a $100 flat fee starting May 14. This comes as the US and China agree to pause most tariffs for 90 days,