𝕏xCN first seen 15 h ago, last 15 h ago, peak #1
US-China tariffs cut from 145% to 30% in trade truce
Original: It’s a welcome easing of trade tension with taking absurdly high tariffs of 145% down to still high 30% while talks cont
The United States and China have agreed to temporarily slash tariffs, with US duties on Chinese goods dropping from an extraordinary 145% to 30% while negotiations continue. Observers including former Swedish prime minister Carl Bildt welcomed the easing of trade tension, calling the previous level absurdly high, while cautioning that talks remain unpredictable and the rates are still steep.
Why now: A sudden, major de-escalation in the US-China trade war is shifting global markets and diplomatic expectations.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3187739