Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...

Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump ...

U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.

WASHINGTON: Global stock markets surged on Monday (May 12) after the US and China agreed to slash steep tariffs for at least ...

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US and China agree on a 90-day tariff pause after high-stakes Geneva trade talks. Starting May 14, the US will cut tariffs on ...

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...

Beijing and Washington agreed to remove most tariffs imposed since April’s ‘Liberation Day’ package following two days of negotiations.

The White House has announced that tariffs on small parcels from China have been cut to 54%, easing procurement challenges ...

The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in ...

A day after news of the U.S.-China agreement on trade, there were signs of further steps being taken. Speaking in Saudi ...

GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed ...