China hits U.S., EU, Japan, and Taiwan with up to 74.9% antidumping tariffs on POM copolymers amid trade tensions

China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday.

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 2024.

The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.

The steep drop in tariff rates on Chinese goods shipped to the United States might have consumers thinking there’s significant relief in sight — at least compared to before. But in practice it might not feel that way.

General Motors late last week informed employees and dealers for its China export business it would stop shipping vehicles to China from the United States, the company said. The move comes as the United States and China continue discussions on tariffs and other trade issues.

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 their trade war for more talks on resolving their trade disputes.

The two most important pieces to the global trade war puzzle may finally be coming together to prevent an attempted self-inflicted recession by the president.

Both sides are hailing the temporary reprieve, which will cut U.S. duties on Chinese goods to 30 percent, but analysts say underlying issues remain.

2 The United States will adjust its April 2 baseline and reciprocal tariff rates on China (including Hong Kong and Macau) by: On or around August 12, 2025, the 34% reciprocal tariff will be ...

China trade war, President Trump announces a 90-day tariff reduction, prompting U.S. companies to engage in 'panic buying'.