US Treasury Secretary Scott Bessent says both countries will lower their reciprocal tariffs by 115% for 90 days. 

​US Treasury Secretary Scott Bessent says both countries will lower their reciprocal tariffs by 115% for 90 days.  

The United States and China have agreed to a 90-day part suspension of tariffs, signaling a potential breakthrough in trade negotiations. US Treasury Secretary Scott Bessent announced the suspension alongside a commitment to significantly reduce existing tariff rates by 115%.

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