✉news ScienceSpace Policy first seen 4 h ago, last 16 min ago, peak #15
China and US agree tariff cuts on $60 billion of goods
Original: China, US agree to tariff cuts on $60 billion of goods including agriculture, household items
China and the United States have agreed to cut tariffs on $60 billion worth of goods, covering agricultural products and household items, according to Reuters. The move marks a further step in easing trade tensions between the world's two largest economies. Details on timelines and reciprocal measures remain limited, but the deal is expected to lower costs for consumers and exporters on both sides.
Why now: A concrete easing of US-China trade tensions with wide-ranging economic implications is major global news.
Evidence
- China, US agree to tariff cuts on $60 billion of goods including agriculture, household items · Reuters
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