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US, China reach deal to slash tariffs by 115%

Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent told reporters the two sides had reached a deal for a 90 day pause on measures and that reciprocal tariffs would come down by 115 per cent.
Last Updated : 12 May 2025, 07:44 IST
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Published 12 May 2025, 07:42 IST

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