United States, China agree to lower tariffs in 90-day cool-off period

GENEVA (Bloomberg): The United States and China will temporarily lower tariffs on each other’s products, according to a joint statement, in a move to cool trade tensions and give the world’s two largest economies three more months to resolve their differences. Read full story

Source : https://www.thestar.com.my/news/nation/2025/05/12/united-states-china-agree-to-lower-tariffs-in-90-day-cool-off-period