{"id":243061,"date":"2025-05-12T12:05:03","date_gmt":"2025-05-12T11:05:03","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/us-and-china-agree-to-lower-tariffs-in-trade-war-de-escalation\/"},"modified":"2025-05-12T12:05:03","modified_gmt":"2025-05-12T11:05:03","slug":"us-and-china-agree-to-lower-tariffs-in-trade-war-de-escalation","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/us-and-china-agree-to-lower-tariffs-in-trade-war-de-escalation\/","title":{"rendered":"US and China agree to lower tariffs in trade war de-escalation"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i2.ytimg.com\/vi\/URJRIHfuL4s\/hqdefault.jpg\" alt=\"US and China agree to lower tariffs in trade war de-escalation\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/URJRIHfuL4s\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The US and China have agreed to lower tariffs on each other\u2019s goods substantially for 90 days following negotiations last weekend. Speaking in Geneva, the US treasury secretary, Scott Bessent, said &#8216;both sides will move their tariffs down by 115%&#8217;.<br \/>\nSubscribe to Guardian News on YouTube \u25ba http:\/\/bit.ly\/guardianwiressub<\/p>\n<p>It is a significant de-escalation in the trade war that blew up last month. Before the latest deal, the US had lifted its tariffs on China to 145% \u2013 including the 20% tariff added to tackle fentanyl imports into the US \u2013 with Beijing having retaliated with 125% tariffs on US imports<\/p>\n<p>US and China agree to slash tariffs in trade war de-escalation\u2013 business live \u25ba https:\/\/www.theguardian.com\/business\/live\/2025\/may\/12\/us-china-trade-war-talks-stock-markets-oil-dollar-gold-business-live-news#top-of-blog<\/p>\n<p>White House claims China trade deal reached while Beijing hails \u2018important first steps\u2019 \u25ba https:\/\/www.theguardian.com\/us-news\/2025\/may\/11\/us-china-trade-talks-geneva-intended-de-escalate-tensions-lutnick<\/p>\n<p>The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today \u25ba https:\/\/bit.ly\/3uhA7zg<\/p>\n<p>Sign up to the Guardian&#8217;s free new daily newsletter, First Edition \u25ba http:\/\/theguardian.com\/first-edition<\/p>\n<p>Website \u25ba https:\/\/www.theguardian.com<br \/>\nFacebook \u25bahttps:\/\/www.facebook.com\/theguardian<br \/>\nInstagram \u25ba https:\/\/instagram.com\/guardian<\/p>\n<p>The Guardian on YouTube:<br \/>\nThe Guardian \u25ba https:\/\/bit.ly\/guardiannewssubs<br \/>\nGuardian Australia \u25ba https:\/\/bit.ly\/guardianaussubs<br \/>\nGuardian Football \u25ba https:\/\/bit.ly\/gdnfootballsubs<br \/>\nGuardian Sport \u25ba https:\/\/bit.ly\/gdnsportsubs<br \/>\nIt&#8217;s Complicated \u25ba https:\/\/bit.ly\/ItsComplicatedSubs<br \/>\nGuardian Live \u25ba https:\/\/bit.ly\/guardianlivesubs<\/p>\n<p>#trumptariffs #chinatariffs #china #usa #politics #donaldtrump #trump #economy #business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US and China have agreed to lower tariffs on each other\u2019s goods substantially for 90 days following negotiations last weekend. Speaking in Geneva, the US treasury secretary, Scott Bessent, said &#8216;both sides will move their tariffs down by 115%&#8217;. Subscribe to Guardian News on YouTube \u25ba http:\/\/bit.ly\/guardianwiressub It is a significant de-escalation in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":243062,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128995],"tags":[],"actors":[],"class_list":["post-243061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guardian-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US and China agree to lower tariffs in trade war de-escalation | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch US and China agree to lower tariffs in trade war de-escalation for free, here on News ISC. 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