The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the trade agreement.

KEY POINTS

  • China is casting the trade agreement with the U.S. as a victory.
  • After two days of negotiations with U.S. officials, China got the Trump administration to roll back its 145% tariffs, which had all but halted bilateral trade.
  • Stock markets across the world surged after Beijing and Washington announced the deal.
  • skozzii
    1·
    1 day ago

    It was at this moment, the US realized they F’d up and are no longer the world’s power.