US and China agree to slash tariffs on each other

Discussions between the world's largest and second-largest economies will continue, while Switzerland is ahead of the EU for a trade deal, US treasury secretary Scott Bessent said.

Monday 12 May 2025 10:34, UK

The US and China, the world's largest and second-largest economies, have agreed to slash tariffs on each other as they seek to end their trade war.
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