US-China Announce 90-Day Tariff Reduction: What It Means for the Textile Industry
2025-05-14 11:55:37
The United States and China reached a notable agreement on Monday, May 12, 2025, to temporarily reduce tariffs, signaling a de-escalation in trade tensions that have weighed heavily on global industries. This 90-day pause in escalated tariffs is designed to create space for further negotiations and restore some stability to cross-border trade.
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