The United States and China announced that they have agreed to temporarily lower tariffs, after a weekend of marathon negotiations in Geneva, Switzerland.
NEWS
The latest on Trump’s presidency as US and China agree to roll back tariffs
• China trade war: The US and China have agreed to drastically roll back tariffs on each other’s goods for an initial 90-day period in a major trade breakthrough. By May 14, the US will…
U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War
The 145 percent U.S. tariff on Chinese goods will come down to 30 percent under the deal. The U.S. Treasury secretary said “neither side wanted a decoupling.” …
US-China trade deal: After levying over 125% tariffs, Beijing and Washington agree to cut duties to 10%, 30% for 90 days
China has proposed to reduce tariffs on US goods from 145% to 10% for 90 days amid ongoing trade discussions with the United States.
China and U.S. agree to slash tariffs for 90 days while they negotiate
The agreement lowers tensions in the trade war but does little to change the overall direction of deteriorating ties between Beijing and Washington, analysts say.
Live: FTSE 100 Set to Rise as US-China Trade Progress Buoys Stocks
FTSE 100 futures are up 0.4%, lagging behind bigger moves higher for Europe and the US on optimism about trade progress between the US and China. The pound is down 0.2%, back below $1.33, though…
Chinese Battery Giant CATL Seeks Over $4 Billion In Hong Kong Listing
Contemporary Amperex Technology, the world’s largest electric vehicle battery maker, started taking investor orders on Monday for a listing in Hong Kong that could raise more than HK$31 billion ($4 …
BREAKING: Hong Kong proposes new mechanism to allow Beijing to exercise jurisdiction over nat. sec cases
Hong Kong authorities have proposed establishing a mechanism to allow mainland China to exercise jurisdiction over national security cases, building on an article in the Beijing-imposed national …
China Courts Lula and Latin America After Trump’s Tariff Shock
President Luiz Inácio Lula da Silva of Brazil is visiting Beijing this week, and China’s Xi Jinping will also meet top officials from other Latin American and Caribbean nations to emphasize their ties.
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut…
Chinese EV battery giant CATL’s US$5.3 billion Hong Kong IPO would be biggest since 2021
Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
China’s CATL to raise at least $4 billion in Hong Kong listing
Chinese battery manufacturer CATL aims to raise at least HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday, the largest listing globally so far in …
China stocks rally, yuan gains on Geneva trade talk optimism
SINGAPORE/SHANGHAI: Chinese stocks rallied and the yuan strengthened on Monday, after weekend talks in Geneva between Chinese and U.S. officials showed encouraging signs of a de-escalation in a …
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