Under the agreement, the U.S. would lower its tariff rate on Chinese imports from 145 percent to 30 percent, while China agreed to lowers its tariff rate on U.S. goods from 125 percent to 10 percent.

Stocks dropped on Wednesday despite news of progress on a trade deal with China and inflation data that remained largely in check despite President Trump’s tariffs.

The steep drop in tariff rates on Chinese goods shipped to the United States might have consumers thinking there’s significant relief in sight — at least compared to before. But in practice it ...

In April, Trump raised tariffs on China while pausing tariff hikes on other countries for 90 days. Trump struck a trade deal with the UK last week, and talks with other countries are continuing ...

U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by ...

Early Monday, Greer said the U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by the same amount to 10%.

US, China pause tariffs 90 days for more talks The U.S. has agreed to drop its 145% tariff rate on Chinese goods to 30%, while China has agreed to lower its rate on U.S. goods to 10%.

The U.S. temporarily cut tariffs on Chinese goods from 145% to 30%. U.S. stocks closed significantly higher on Monday in the first trading session after the U.S. and China announced an agreement ...

Previously, President Donald Trump put a 145% tariff hike on Chinese goods. China retaliated with a 125% tariff on U.S. goods.Now, those numbers have dropped to a 30% tariff on Chinese goods and ...

President Donald Trump says tariffs on Chinese imports to the United States will eventually be lowered, after both Beijing and Washington appeared to soften their positions about potential trade ...

President Donald J. Trump announced that the US would cut its “reciprocal” tariffs on Chinese goods from 125% to 10%. China responded by reducing its retaliatory tariffs on U.S. goods from 125 ...

China targets U.S. services and other areas as it decries ‘meaningless' tariff hikes on goods By Anniek Bao, CNBC • Published April 16, 2025 • Updated on April 17, 2025 at 3:56 am BOOKMARKER ...