US and China agree to lower tariffs in trade war de-escalation – video

The US and China have agreed to substantially lower tariffs on each other’s goods for 90 days after negotiations. Speaking in Geneva, the US treasury secretary, Scott Bessent, said 'both sides will move their tariffs down by 115%'. It is a significant de-escalation in the trade war that blew up last month. Before the latest deal, the US had raised its tariffs on China to 145% – including the 20% tariff added to tackle fentanyl imports into the US – with Beijing having retaliated with 125% tariffs on US importsUS and China agree to slash tariffs in trade war de-escalation– business liveWhite House claims China trade deal reached while Beijing hails ‘important first steps’ Continue reading...

Comments

Business News

At least 10 people sickened in US listeria outbreak linked to prepared foods

ABC News

Dailymail

Comments

Similar News

European stocks rise as US and China agree to slash tariffs

European stocks rise as US and China agree to slash tariffs

Our 3 kids still live at home after high school. We thought we'd be empty nesters, but intergenerational living works for us.

Pharmaceutical stocks slide as Trump vows to cut US prescription drug prices ‘by 30-80%’

US and China agree to slash tariffs on each other

The US and China have agreed to slash tariffs for 90 days

US and China agree to slash tariffs for 90 days

Asian shares advance as details awaited on progress in China-US trade talks

Stock markets lifted by ‘productive’ US-China trade talks – business live

UK-US trade deal 'isn't worth the paper it's written on', says Nobel Prize-winning economist

‘The Last Of Us’ Season 2, Episode 5 Recap And Review: It’s In The Air

The US Copyright Office has thoughts on how AI is trained. Big Tech may not like it.

Trump prizes more Gulf investment in the US

US and China say substantial progress made in key trade talks

The richest households in US increased their wealth by $1 TRILLION last year

US plans to reduce flights at Newark Airport as air traffic control problems mount

‘Substantial progress’ at US-China trade talks, says Scott Bessent

Some Disappointing News About ‘The Last Of Us’ Season 3 Release Date

Major Wetherspoons menu shake-up to land next week with new US-style gourmet food range

I'm 44 and want to retire by the time I'm 50. I can't do that in the US, so I moved my family to Thailand.

Business News

At least 10 people sickened in US listeria outbreak linked to prepared foods

Zepbound beats Wegovy for weight loss in first head-to-head trial of blockbuster drugs

Trump promises to order that the US pay only the price other nations do for some drugs

Saudi Arabia’s low-cost carrier Flynas sells out all shares from initial public offering

Pharmaceutical industry criticizes the drug pricing plan Trump says he'll sign

Nationwide says some members 'need to do this' to get free £50

DWP letter with 'don't ignore' warning as next benefit to be scrapped

DWP could owe money to thousands of married women due to oversight

Calls for some to get State Pension payments 'immediately'

Update as government says 'you don't need to pay council tax if'

FTSE 100 lags behind Europe in stock markets’ response to US-China trade deal announcement

Virgin Media O2 strikes tie-up with Daisy to form £1.4bn business telecoms giant

Energy firms paid out £152 million to vulnerable customers over past six years

Thousands of families on Universal Credit to get huge pay rise TOMORROW – check if you get the benefit

Iconic bar closes after seven years over ‘inability to pay bills’ as owner says he’s ‘devastated’

Exotic English seaside town with ‘best beach bar in the world’ sees house prices PLUMMET by £13,000 in huge boost

Inconvenience: Home movers ‘taking toilet seats and light bulbs to new property’

As Rite Aid Closes Stores, Don’t Look For CVS Or Walgreens To Buy Them

Sixers’ Offseason Comes Down To Cooper Flagg And The NBA Draft Lottery

How Underinvestment Is Starving Grocery Stores And Feeding Wall Street

Direct-To-Consumer Ozempic Sales Are A Win For Patients And Drug Makers

Flick Reaches FC Barcelona Agreement, Reports Mundo Deportivo

Stablecoin Bill Collapse Reveals High Stakes For Crypto And Democracy

FC Barcelona Takes Home Record Revenue From Real Madrid El Clasico, Reports RAC1

Trump Defends Plan To Accept Luxury Plane As Gift From Qatar—Here’s What We Know

Donovan Mitchell To Get MRI On Ankle As Cavaliers Face Elimination

The Risk Of Israeli-Turkish Mock Dogfights Over Syria

Kim Kardashian opening first Skims UK store in London’s Regent Street

Virgin Media O2 strikes tie-up with Daisy to form £1.4bn business telecoms giant

Inconvenience: Home movers ‘taking toilet seats and light bulbs to new property’

Why Trump blinked in US-China trade war

Barclays issues update on future bank closures after shutting 1,236 branches

Louise Thompson shares her ‘elite’ go-to £12 fake tan that ‘doesn’t stain bedsheets’

Wearers ‘always get so many compliments’ on Michael Kors fragrance now axed to half-price

Elemis £37 cream slashed to under £6 in Cult Beauty deal that saves £135 on SPF heroes

Boost for the City as Cobalt investor eyes $230m IPO

Santander and Barclays cut mortgage rates with two-year fixes now back below 2022 mini-Budget levels

Isa review expected to start in July - will the Chancellor chop £20,000 limit?

How you can buy a luxury car for a fraction of the price... but you may need to look past its dodgy history

Monzo IPO: Digital bank plans stock market float with £6bn valuation

People share 'weird' jobs they've had in the UK that ‘paid well’ and one comes out on top

Rachel Reeves under pressure to create key new mega tax to fill 'black hole'

Sam Altman's eye-scanning orbs have arrived, sparking curiosity and fear

Fox News’ Greg Gutfeld debuts ‘fake news’ game show on network’s streaming service — with $50K on the line

Kim Kardashian’s Skims to open first UK store in London’s Regent Street

Meta ‘nudged’ prominent Big Tech critic in plea for help ahead of landmark FTC antitrust trial: sources

Iconic pop culture business loved by collectors will shut forever in just DAYS as it launches huge closing down sale

Four children in every British classroom are living in hygiene poverty

Kim Kardashian’s Skims to open first UK flagship store on iconic high street

Home Bargains shoppers race to buy £5 gadget that’ll keep you cool through the hot weather and cut energy bills

Shoppers spot new Cadbury chocolate that’s just like beloved discontinued snack

May 2025 bank holiday benefits and pension payments dates

Zonal electricity pricing may not be possible until mid-2030s, says research

FTSE-100 group Experian kicks off hunt for next chairman

Parents can save £7,500 a year as 30 hours free childcare applications open today

Martin Lewis issues alert as three banks paying up to £175 to open accounts

This £26 Next bag might be the best Bottega Veneta alternative we’ve ever seen