Name: US, China cut tariffs in major deal — What it means for prices and imports
Uploaded: 2025-05-12T10:10:38Z
Channel: TEGNA
Description: The US and China have agreed to cut tariffs by 115 percentage points for 90 days after a weekend of intense trade negotiations. Experts say the rollback could temporarily ease inflation and import slowdowns, but concerns remain as retailers warn of empty shelves and reduced shipments from China.

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US, China cut tariffs in major deal — What it means for prices and imports

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Description

The US and China have agreed to cut tariffs by 115 percentage points for 90 days after a weekend of intense trade negotiations. Experts say the rollback could temporarily ease inflation and import slowdowns, but concerns remain as retailers warn of empty shelves and reduced shipments from China.

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KHOU

Keywords

politics nation-world news

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