On right now’s Business Live with Darren McCaffrey:
The US and China, the world’s largest and second-largest economies, have agreed to slash tariffs on one another as they search to finish their commerce warfare.
Speaking after talks with Chinese officers in Geneva, US treasury secretary Scott Bessent informed reporters the 2 sides had reached a deal for a 90-day pause on measures.
US commerce consultant Jamieson Greer stated so-called reciprocal tariffs had been now at 10% every.
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