US-China tariff deal: What does it mean?
Written by Black Hot Fire Network on May 12, 2025
Michael Race
Business reporter, BBC News
Getty Images
The US and China have agreed a truce to lower import taxes on goods being traded between the two countries.
The agreement marks a major de-escalation of the trade war between the world's two biggest economies, which has sent shockwaves impacting countless other countries, including the UK.
Here's what it all means.
What has been announced?
Both the . . .
