‘GOOD NEWS’: Trump makes trade deal with China

Posted on May 11, 2025 by Stella
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2 Responses to ‘GOOD NEWS’: Trump makes trade deal with China

  1. mosckerr's avatar mosckerr says:
    May 12, 2025 at 3:56 am

    Speculation and opinion…propaganda. Hate Faux Noise.

    Liked by 1 person

    Reply
  2. Stella's avatar Stella says:
    May 12, 2025 at 8:49 am

    Fox Business:

    The U.S. and China announced on Monday that tariffs against one another will be reduced for a 90-day period after officials held trade negotiations in Geneva, Switzerland.

    The tariffs President Donald Trump announced against China on April 2 are being cut by 24 percentage points for this temporary period while retaining the remaining ad valorem rate of 10% from that announcement, according to a joint statement.

    China agreed to the same stipulations, adding that it will “adopt all necessary administrative measures to suspend or remove the non-tariff countermeasures taken against the United States since April 2,” the announcement stated.

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