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Mmastodon WorldDiplomacy first seen 7 h ago, last 1 h ago, peak #4

China and US Pledge Tariff Cuts on $60 Billion in Goods

Original: 🔴 BREAKING China and U.S. Pledge to Cut Tariffs on $60 Billion in Goods China and the United States have unveiled separa

China and the United States have unveiled separate lists of products for tariff reductions covering $60 billion worth of goods. The move is aimed at easing trade tensions and stabilising bilateral relations, with observers watching what further steps may follow in the two countries' ongoing trade negotiations.

Why now: A tangible de-escalation step in the US-China trade dispute has just been announced, drawing wide attention to its economic and diplomatic implications.

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