The world’s two biggest economies agree to de-escalate tariff face-off.
The world’s two biggest economies have stepped back from the brink.
After imposing retaliatory tariff hikes at rates never seen before, the United States and China have agreed to a truce.
US taxes on Chinese goods will now fall from 145 percent to 30 percent, and China will cut theirs on US items from 125 percent to 10 percent.
Some of the levies have been scrapped altogether while others have been put on hold.
After…
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News Source: www.aljazeera.com
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