The US and China have agreed to slash tariffs for 90 days

Source: Business Insider

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer after trade talks with China in Geneva. Valentin Flauraud/AFP/Getty ImagesThe US and China have agreed to reduce tariffs for 90 days after trade talks in Geneva. The US will cut tariffs on Chinese goods from 145% to 30% during this period.