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✉news ScienceSpace Policy first seen 3 h ago, last 23 min ago, peak #8

China and US agree tariff cuts on $60 billion of goods

Original: China, US agree tariff cuts on $60 billion of goods including agriculture, household items

China and the United States have agreed to cut tariffs on $60 billion worth of goods traded between them, according to a Reuters report. The reductions cover agricultural products and household items, marking a step toward easing trade tensions between the world's two largest economies.

Why now: The agreement signals a de-escalation in the US-China trade war with broad effects on prices and trade flows.

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