China, US call trade truce, agree to lower reciprocal tariffs by 115% for 90 days
'We have reached an agreement on a 90-day pause,' said US Treasury Secretary Scott Bessent to reporters after the announcement. He added that "both side will move their tariffs down" by 115 percentage points
'We have reached an agreement on a 90-day pause,' said US Treasury Secretary Scott Bessent to reporters after the announcement. He added that "both side will move their tariffs down" by 115 percentage points
