• KindnessIsPunk@lemmy.ca
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    2 days ago

    TL;DR

    America and China struck a 90-day trade truce in Geneva, reducing tarrifs from 125% down to 10% and pausing other retaliatory moves. However old tariffs like America’s 20% fentanyl penalty remain. But it’s for 90 days, after which America’s original 34% tariff would resume.

    Here’s a link to the article without the paywall.