# The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30-percent and Chinese duties cut to to 10-percent. Following a weekend of trade talks in Geneva, US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer told reporters the sides had agreed to temporarily roll back “reciprocal tariffs” by 115-percentage points for a 90-day period.
US, China agree on temporary cut in controversial duties