U.S.-China Trade Deal Finalized: 115% Tariff Reduction Agreed, Effective May 14
New Delhi, May 12, 2025 — In a significant breakthrough, the United States and China have reached a major trade agreement, committing to a 115% reduction in mutual tariffs, following a two-day negotiation held in Geneva. The new tariff structure will come into effect from May 14, 2025, aiming to de-escalate trade tensions and stabilize … Read more