US touts 'substantial progress' in tariff talks with China
Digest more
China, tariffs
Digest more
Trump cuts a deal with China
Digest more
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.
The president's social media post could signal movement that would ease fears among consumers, businesses and the markets.
A White House executive order announced on Monday that the US will cut the "de minimis" tariff on China shipments to 54% from 120%, with a $100 flat fee starting May 14. This comes as the US and China agree to pause most tariffs for 90 days,