
Trump Secures ‘Historic Trade Win’ as US, China Reach Tariff Deal
The United States and China have reached an agreement described by the White House as a ‘historic trade win’ for the American people, rolling back both tariffs and non-tariff barriers in bilateral trade. The deal, which will take effect on 14 May, will reduce tariffs on US products exported to China to 10 per cent, and on Chinese products entering the US to 30 per cent.