Joint Statement of the China-U.S. Geneva Economic and Trade Talks

Wallstreetcn
2025.05.12 07:01
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The United States and China reached a joint statement during the economic and trade talks in Geneva, committing to take a series of measures by May 14, 2025. The United States will modify its tariff policy on Chinese goods, suspending 24% of the tariffs while retaining 10% of the tariffs, and canceling other related tariffs. China will also adjust its tariffs on American goods accordingly, suspending 24% of the tariffs and canceling other additional tariffs, and will take measures to suspend or cancel non-tariff countermeasures against the United States