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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 months ago

US and China agree to drastically roll back tariffs in major trade breakthrough

www.cnn.com

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US and China agree to drastically roll back tariffs in major trade breakthrough

www.cnn.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 2 months ago
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  • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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    2 months ago

    There was already a 25% tariff on a lot of goods from China before the trade war started. Now they’ve agreed to a flat 30% tariff, so basically Trump managed to raise tariffs on China by 5%.

    https://www.commerce.gov/news/fact-sheets/2024/05/fact-sheet-president-biden-takes-action-protect-american-workers-and

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