So will the tariff pass? Trading Agreement in China and America

US China trading transaction: What will end the tariff war? The seal of trade transaction in China and America is last updated: May 12, 2025, 04:08 IST US China Trade Deal: America and China entered into a trade agreement in Geneva. This was announced by US Minister of Finance, Scott Besant and Business Representative Jamison Greer. Both countries reduce the trade deficit and tariff war … Read more, the whole world is expected to get relief from the trade agreement in America and China. (Lying photo) Geneva. The US has signed a trade agreement with China. The agreement was reached after two-day high-level discussions in Geneva. US Minister of Finance Scott Besant, and business representative Jamison Greer announced it on Sunday. Top officials from both countries participated in a conversation in a villa in the Cologne suburb of Switzerland. The purpose of this conversation was to reduce the increasing trade deficit and trade war. Besanty thanked the Swiss government for the presentation, saying: “We have made a lot of progress on important US and China business talks, whose details we will share on Monday, but I can tell you that the conversation was very positive.” The US and China are ready to issue a joint statement on trade talks in Geneva on May 12. US President Donald Trump also announced about his truth Social Social, “Breaking: America, the China trade agreement in Geneva.” In addition, he also marked the White House. Beijing has not made any comment yet, but the official news agency has taken a difficult stance, saying that China will strongly reject any proposal, which is the pressure to jeopardize the basic principles or weaken the widespread purpose of global equality. ” The purpose of this conversation is to reduce the dispute that damages the trade between the two largest economies in the world. However, less of this conversation is expected to reveal a great result, but it is believed that both countries can cut a big fee. If this happens, it will provide relief to companies that depend on financial markets and US trade around the world. After the decision of US President Donald Trump to impose high rates on imports, China also took retaliation and the trade war between the two countries became a situation. In April, China also announced a fee on the US following Trump’s fee. Now the US fee against China is 145 percent, while the US has imposed a 125 percent fee on the US. About the author Rakesh Ranjan Kumar Rakesh Ranjan Kumar has over ten years of experience in digital journalism. Before joining News18, he worked in Live Hindustan, Dainik Jagran, Zee News, Jansatta and Dainik Bhaskar. Currently he … Read more Rakesh Ranjan Kumar has more than ten years of experience in digital journalism. Before joining News18, he worked in Live Hindustan, Dainik Jagran, Zee News, Jansatta and Dainik Bhaskar. He is currently reading more about India Pakistan’s latest news about News18 India, will the Tariff War be over? Trading Agreement in China and America