China, U.S. agree to major tariff reductions for 90 days

中美同意在90天内大幅降低关税

The Beijing Hour

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2025-05-12

59 分钟
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China and the United States have agreed to remove most of the tariffs on each other's goods following high-level talks in Geneva (1:03). The upcoming fourth ministerial meeting of the China-CELAC forum will see the adoption of several documents on cooperation (10:18). A ceasefire between India and Pakistan is underway, though the two countries have traded accusations of violations (24:32).
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  • On today's program, the U.S. and China have reached an agreement on significant tariff reductions,

  • at least for 90 days.

  • China and the community of Latin American and Caribbean states plan to adopt several documents on cooperation.

  • Ukraine says it's ready for direct peace talks with Russia

  • if Moscow accepts Kyiv's ceasefire proposal.

  • In business, a Chinese EV battery maker aims to raise billions with the Hong Kong IPO.

  • In sports, a dramatic comeback in the latest El Clasico.

  • dance drama on famous stages in Russia.

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  • China and the US have agreed to remove most of the tariffs on each other's goods following high-level talks in Geneva.

  • According to a joint statement,

  • the two sides will remove 91% of tariffs and suspend 24% for a period of 90 days