China and US Reach Preliminary Agreement to Reduce Tariffs and Establish Trade Councils
17.05.2026, 00:00
In recent discussions following the Trump-Xi summit, China and the United States have agreed to mutually reduce tariffs on select goods, signaling a potential thaw in trade relations. The agreement, described as preliminary, aims to lower levies significantly from 145% to 30% over the next 90 days,...
