China’s Commerce Ministry said the two sides agreed to cancel 91% in tariffs on each other’s goods and suspend another 24% in ...

Treasury Secretary Scott Bessent said the two sides had agreed tariffs would come down by over 100 percentage points to 10%.

Monday's announcement of a temporary reduction in import tariffs is only the latest chapter in a nearly eight-year trade ...

President Donald Trump’s shock-and-awe tariff approach threatened to rupture global financial system and drive the US economy into recession. Nervous about the prospect of empty store shelves and ...

Bessent leads breakthrough in easing US-China trade tensions with a 90-day tariff rollback and plans for structured talks.

In an agreement announced Monday, both countries will roll back reciprocal tariffs to a 10% rate for a 90-day period ...

World shares and U.S. futures have surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump ...

The Trump administration and China have agreed to slash tariffs for the next 90 days in a push to deescalate a trade war between the two countries.

The U.S. will temporarily reduce its 145% tariffs against China to 30% starting on May 14, while China will take its 125% ...

The U.S. agreed to drop its 145% tariff rate on Chinese goods to 30%, while China agreed to lower its rate on U.S. goods to ...

The U.S. and China issued a joint statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days, with both sides "recognizing the importance of a sustainable, long-term, and ...