US and China Suspend Reciprocal Tariffs for 90 Days: A Step Toward Global Economic Cooperation

A historic agreement between the United States and China to suspend most reciprocal tariffs for 90 days.Photo:EFE.
May 14, 2025 Hour: 5:47 pm
The United States and China officially announce a 90-day suspension of reciprocal tariffs, easing trade tensions and opening the way for a fairer and more balanced economic dialogue.
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On May 14, 2025, the United States and China officially suspended the reciprocal tariffs they had imposed for months, marking a pause in the escalation of the trade war that has affected the global economy and supply chains. This measure, lasting 90 days, involves a significant reduction of tariffs by both powers, though not their complete elimination.
Under this agreement, US tariffs on Chinese products drop from 145% to 30%, while China reduces its tariffs on US imports from 120% to 10%. This de-escalation represents an important step toward global economic stability and reflects the willingness of both nations to seek negotiated solutions amid trade tensions.
China’s Firm and Dignified Response to Commercial Aggression
China’s Ministry of Commerce has denounced that the United States weaponized tariffs irrationally, affecting not only China but the balance of international trade. Nevertheless, Beijing maintained a firm stance and responded with reciprocal measures, demonstrating it will not bow to unilateral pressure.
President Xi Jinping reiterated at the CELAC summit that “there are no winners in a tariff war,” promoting dialogue and cooperation among nations.
China and the US reached multiple positive common understandings at the economic and trade meeting in Geneva. Both sides agreed to slash tariffs on each other’s goods. The US committed to remove 91 percent in tariffs and suspend 24 percent in “reciprocal tariffs.” China would… pic.twitter.com/pVvssFL0ZT
— Lin Jian 林剑 (@SpoxCHN_LinJian) May 14, 2025
In addition to tariff reductions, Washington lifted export restrictions on semiconductors critical for China’s technological development, especially in artificial intelligence. This decision opens the door for the recovery and advancement of China’s tech industry, strengthening productive sovereignty and innovation in a global context marked by unfair competition and protectionism.
.This temporary agreement between the United States and China is a necessary step to mitigate the impact of aggressive trade policies and to promote a fairer and more balanced international trade system.
Author: YCL
Source: Sputnik