• US and China reach deal to cut tariffs, easing slump fears

    Source: Buzz FX / 12 May 2025 21:51:30   America/New_York


    • Surpassing expectations, Washington will cut extra tariffs from 145pc to 30pc
    • Chinese duties on US imports will fall from 125pc to 10pc
    • New measures to remain effective for 90 days
    GENEVA: The United States and China have agreed to te
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