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𝕏xCN first seen 1 d ago, last 1 d ago, peak #5

China and US agree to cut tariffs on $60 billion of goods

Original: China and the United States have agreed to cut tariffs imposed on $60 billion worth of goods imported from each other, o

China and the United States have agreed to reduce tariffs on $60 billion worth of goods each imports from the other. The tariff cuts cover a wide range of products, including US corn and cosmetics as well as Chinese household appliances and toys. The move signals a further easing of trade tensions between the world's two largest economies.

Why now: The tariff reduction represents a significant de-escalation in the US-China trade dispute, affecting consumers and industries on both sides.

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