Tag: US-China trade war
Trump and Xi Agree to Temporary Tariff Cut in Busan Deal, But Trade War Framework Remains
Trump and Xi agreed to temporary tariff cuts in Busan, extending a 10% rate until November 2026 and pausing a 24% surcharge, but the 34% tariff remains active with a January 2026 deadline—showing the trade war is paused, not over.
