Is the Trade War Over? #TradeWarEases The United States a
Kripto Kurdu
Updated at: 5 hours ago
{"content":"Is the Trade War Over?
#TradeWarEases
The United States and China have concluded two days of high-level trade talks in Geneva.
As a result of these talks, it was announced that “significant progress” has been made toward resolving ongoing trade tensions.
Both parties have agreed to establish a new economic and trade consultation mechanism. Following these developments, a joint statement was expected to be released on May 12.
According to the statement released today, China has reduced its tariffs on U.S. goods from 125% to 10%, while the U.S. has lowered its tariffs on Chinese goods from 145% to 30%.
These tariff reductions will remain in effect for 90 days.
So, what do you think — is the trade war finally over?","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/12/a8e38d3b1a0040e79a2db1f90d128e2a.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}