Published on
May 21, 2025
US and China Reach Temporary 90-Day Trade Agreement, but Tariff-Related Economic Strain Likely to Escalate
The agreement significantly reduces US tariffs on Chinese goods from 145% to 30%, while China lowers its levies on American imports from 125% to 10%. However, this easing is largely seen as a temporary pause rather than a definitive resolution, as …
Source:
Thailand Business News
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