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Mmastodon WorldDiplomacy first seen 1 h ago, last 1 h ago, peak #4

China and US pledge tariff cuts on $60 billion in goods

Original: 🔴 BREAKING China and U.S. Pledge to Cut Tariffs on $60 Billion in Goods China and the United States have unveiled separa

China and the United States have announced separate lists of products for tariff reductions covering $60 billion worth of goods. The move is intended to ease trade tensions and stabilise bilateral relations ahead of further negotiations, with both sides presenting the step as a gesture of goodwill in their ongoing trade dispute.

Why now: A concrete de-escalation step in the US-China trade war has direct global economic implications.

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