The United States and China temporarily reduce their tariffs by 115% and continue in conversations
The dispute over dutywhich has as main protagonists the two Great world powers United States and Chinait seems that it has remained in pause. These two great countries They have reached an agreement in which, at least for 90 days, they will put aside the abusive tariffs that has caused this commercial war.
Despite discrepancies, negotiations between the two countries have been quite good. Both have agreed to do A pause of at least 90 days while Conversations continuewhere they have Tariffs in 115% taxes by both countries. A reciprocal reduction, where the United States Leave 145% For China products and go to a 30%while China does the same with American products, and reduces from 125% to leave them in only 10%.
The measure will begin to be part of the next May 14while both administrations Conversations continue on commercial and economic relations. It seems that neither wants to discourage commercially, and They bet on defending their interests To reach an agreement. Despite this, the United States is still interested in getting a local supply chain For some products, including semiconductors.
An agreement that, at least for 3 months, will allow to continue enjoying both countries of the other products, without having to pay an overpricing Where the elders harmed They are their own consumers.