Mmastodon WorldDiplomacy first seen 12 h ago, last 6 h ago, peak #2

US and China Agree Tariff Cuts on $60bn of Goods

Original: 🔴 BREAKING US and China Announce Tariff Cuts on $60bn of Goods Following the Trump-Xi summit, Washington and Beijing hav

Following the Trump-Xi summit, Washington and Beijing have announced an agreement to reduce tariffs on $60 billion worth of traded goods. The move is being described as a significant step toward easing the trade war between the world's two largest economies, with details of the tariff reductions now being laid out by both governments.

Why now: The announcement follows a high-stakes leaders' summit, and any de-escalation in US-China trade tensions has major implications for global markets.

United StatesChinaDonald TrumpXi Jinping

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• 🔴 BREAKING US and China Announce Tariff Cuts on $60bn of Goods Following the Trump-Xi summit, Washington and Beijing have detailed an agreement to reduce tariffs on $60 billion worth of trade goods. This marks a significant step in easing trade tensions between the two economic… · GeoWire · 3

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