The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.

Wall Street opened higher on Monday after the US agreed to cut tariffs on Chinese goods to 30%, with China reducing its levies to 10%.

“A very good meeting today with China, in Switzerland. Many things discussed ... the president wrote on Truth Social. Trump floated an 80% tariff rate with China on Friday, according to reports. Gripas Yuri/ABACA/Shutterstock Trump floated lowering ...

Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.

GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.

The new deal between the United States and China means Americans can expect smaller price hikes in coming weeks and fewer shortages.

The United States and China slashed tariffs on each other’s goods in a surprise breakthrough aimed at reviving trade between the economies. — British plane and aircraft parts are exempt from any potential tariffs that could stem from the Trump administration’s latest Section 232 investigation.

President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade deal that will open up access China to U.S. businesses.