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China trade deal: White House partially cuts tariffs on Shein, Temu packages

Tariff rates on small packages from China will be cut in half, though a flat-fee option will not change, the White House said Monday. Why it matters: Trump previously ended a loophole that allowed low-value goods into the country tariff-free — the rate reversal will ease price pressures on customers of Chinese retailers like Shein and Temu.

Axios on MSN · 19h

· 1d · on MSN

White House says it has a deal with China while Chinese call it 'consensus'

· 2h · on MSN

China celebrates hard-line stance after trade deal with U.S.

Trump's tariff blitz yields deals but misses global trade fix

the U.S. would cut the "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain starting from May 14.

· 11h

· 2d

Top US officials emerge from China trade talks touting ‘substantial progress’ and ‘deal’

· 3h

What’s next with Trump’s trade war truce with China

Trump says US-China relations ‘reset’ after agreement to slash tariffs

The stock market in the US is soaring this morning, a reflection of the outcome of US-China trade talks over the weekend, which yielded a much more significant drop in tariffs than many analysts had ...

· 1d

Trump admin live updates: Trump says Hamas will release hostage Edan Alexander

· 1d

Trump admin live updates: White House says it's made a trade deal with China

China, Boeing

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U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War

The United States and China said Monday they reached an agreement to temporarily reduce the punishing tariffs they have imposed on each other while they try to defuse the trade war threatening the wo...

· 23h

· 9h · on MSN

China removes ban on Boeing deliveries after deal with US to temporarily slash tariffs

· 10h

Trade deal: de minimis tariffs slashed, Boeing ban lifted

2don MSN

U.S. says deal struck in tariff talks with China will help global trade deficit as White House signals reboot in relations

It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”

8hon MSN

FTSE 100 steady as trade-deal rally fades, UK job market cools

Britain's FTSE was 100 flat on Tuesday after a rally fuelled by a U.S.-China trade truce, while fresh data revealed a cooling UK labour market that could influence the Bank of England's future rate decisions.

US strikes huge China trade deal 'to help resolve national emergency'

The US has confirmed it has struck a trade deal with China following crunch talks that took place in Switzerland over the weekend. In a White House press release, Treasury Secretary said the two sides had made "substantial progress" in the "very important trade talks. Full details or the US-China trade deal are expected to be revealed on Monday.