US and China pause tariffs for 90 days as Trump claims “historic trade win”

Quick Summary:

US drops China tariff from 145% to 30% while governments seek longer-term deal.

The White House today called the temporary deal "a historic trade win for the United States" that "demonstrat[es] President Trump's unparalleled expertise in securing deals that benefit the American people".

China said it would also 'suspend or cancel' non-tariff measures taken against the US," the Financial Times wrote.

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Article Details

Author / Journalist: Jon Brodkin

Category: Technology

Markets: United StatesChinaHong Kong

Topics: Trade war Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 15:38:42 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 31 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 28621817

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Official Website: arstechnica.com

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