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In a CNBC Squawk Box interview, Treasury Secretary Scott Bessent revealed the administration's strategy to dismantle China's ...
Bessent leads breakthrough in easing US-China trade tensions with a 90-day tariff rollback and plans for structured talks.
The 90-day pause is a major de-escalation in the tariff war and comes after talks between both countries in Geneva.
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 ...
Recent negotiations between the US and China have set a defined range for tariffs, establishing a 'floor' and 'ceiling' for ...
A new negotiation channel led by US Treasury Secretary Scott Bessent and China’s vice premier He Lifeng has been established, ...
The US president earlier said there had been a "total reset" in trade relations following a day of talks between the nations.
The US and China both pointed to progress after high-stakes trade talks over the weekend, with both sides building optimism ...
US tariffs on Chinese imports will fall from 145% to 30%, while Chinese tariffs on US goods will fall from 125% to 10% US ...
Tariffs. The White House and the Chinese Vice Premier have announced a preliminary 'trade agreement' following talks in ...
On Monday, the United States and China reached an agreement to slash sky-high tariffs for 90 days. Though both sides claimed ...
EUR/USD surrenders some of its intraday gains as the US Dollar pares some losses. Meanwhile, the Euro (EUR) trades higher ...