The talks between the US and China on trade and economic issues were held in Switzerland on May 10-11. The parties agreed on reciprocal reduction of tariffs to 10% and the creation of a mechanism to ...

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The 90-day pause is a major de-escalation in the tariff war and comes after talks between both countries in Geneva.

GENEVA: US Treasury Secretary Scott Bessent on Sunday (May 11) reported "substantial progress" in US talks with China's top ...

The combined 145% US levies on most Chinese imports will be reduced to 30% including the rate tied to fentanyl by May 14, ...

The US treasury secretary said the two sides both agreed to reduce tariffs by 115 percentage points, taking US tariffs to 30% ...

President Trump hailed a "total reset" in US-China trade relations. The statement comes as the US and China meet in Geneva ...

The US has slashed tariffs on Chinese goods from 145% to 30%, while China reciprocates by reducing American import levies ...

GENEVA: Talks between top US and Chinese officials resumed for a second day on Sunday (May 11), after US President Donald ...

Beijing is eager to re-set trade relations with the United States amid ongoing negotiations to resolve the two countries' ...

The United States and China announced that tariffs against one another will be reduced for an initial 90-day period following ...