US, China agree to lower tariffs on each other’s imports for 90 days after talks in Geneva

The United States says it's reached a deal with China to temporarily slash reciprocal tariffs. It marks a significant de-escalation in the trade war that blew up last month, when US President Donald Trump imposed sweeping levies. Speaking after the high-stakes talks in Geneva, US Treasury Secretary Scott Bessent announced both Washington and Beijing had agreed to cut tariffs on each other's goods. Al Jazeera’s Willem Marx in Geneva, Switzerland and Katrina Yu is in Beijing, China for the latest updates. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://x.com/ajenglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com Check out our Instagram page: https://www.instagram.com/aljazeeraenglish Download AJE Mobile App: https://aje.io/AJEMobile #China #US #UnitedStates #DonaldTrump #TradeWar #Tariffs #Economy #TrumpTariffs #TrumpEconomicPolicy #TrumpTradePolicy #XiJinping #ScottBessent #BreakingNews #AlJazeeraEnglish