US and China agree to one-year pause on punitive tariffs

EngadgetThursday, October 30, 2025 at 2:05:51 PM
US and China agree to one-year pause on punitive tariffs
In a significant move towards easing trade tensions, the US and China have agreed to a one-year pause on punitive tariffs. This decision is crucial as it not only helps stabilize the economic relationship between the two largest economies in the world but also provides a much-needed boost to global markets. By stepping back from escalating trade disputes, both nations are signaling a willingness to collaborate and find common ground, which could lead to more favorable conditions for businesses and consumers alike.
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