{"id":8819,"date":"2025-05-12T08:02:58","date_gmt":"2025-05-12T08:02:58","guid":{"rendered":"https:\/\/firearmman.com\/?p=8819"},"modified":"2025-05-12T08:02:59","modified_gmt":"2025-05-12T08:02:59","slug":"us-and-china-announce-deal-to-cut-reciprocal-tariffs-for-90-days","status":"publish","type":"post","link":"https:\/\/firearmman.com\/?p=8819","title":{"rendered":"US and China announce deal to cut reciprocal tariffs for 90 days"},"content":{"rendered":"
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The U.S. and China<\/a> issued a joint statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days, with both sides “recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship.”<\/p>\n

The Monday announcement followed two days of talks in Geneva, Switzerland, that both sides described as successful.<\/p>\n

In a media briefing on Sunday, Chinese Vice Premier He Lifeng said trade talks with the U.S. “achieved substantial progress and reached important consensus.”<\/p>\n

Earlier Sunday, the White House said that it reached a deal without providing any details.<\/p>\n

While U.S. Trade Representative Jamieson Greer called it a “deal,” Treasury Secretary Scott Bessent, who was in Switzerland for the talks with Greer, said only that “substantial progress” had been made.<\/p>\n

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People look at job advertisements on a wall in Datang Subdistrict, Guangzhou, Guangdong province, China May 10, 2025.<\/span><\/span><\/span><\/p>\n

Go Nakamura\/Reuters<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n

This is a developing story. Please check back for updates.<\/em><\/p>\n

ABC News’ Lauren Minore and Hannah Demissie contributed to this report.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The U.S. and China issued a joint statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days, with both sides “recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship.” The Monday announcement followed two days of talks in Geneva, Switzerland, that both sides described as successful. In […]<\/p>\n","protected":false},"author":1,"featured_media":8820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/8819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8819"}],"version-history":[{"count":1,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/8819\/revisions"}],"predecessor-version":[{"id":8821,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/8819\/revisions\/8821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/media\/8820"}],"wp:attachment":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}