{"id":48597,"date":"2025-05-15T15:30:44","date_gmt":"2025-05-15T12:30:44","guid":{"rendered":"https:\/\/sudanevents.com\/?p=48597"},"modified":"2025-05-15T15:30:44","modified_gmt":"2025-05-15T12:30:44","slug":"china-us-slash-sweeping-tariffs-in-trade-war-climbdown","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2025\/05\/15\/china-us-slash-sweeping-tariffs-in-trade-war-climbdown\/","title":{"rendered":"China, US Slash Sweeping Tariffs in Trade War Climbdown"},"content":{"rendered":"<p>The United States and China slashed sweeping tariffs on each others&#8217; goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets and international supply chains.<\/p>\n<p>Washington and Beijing agreed to drastically lower sky-high tariffs in a deal that emerged from pivotal talks at the weekend in Geneva, AFP reported.<\/p>\n<p>US President Donald Trump said Washington now had the blueprint for a &#8220;very, very strong&#8221; trade deal with China that would see Beijing&#8217;s economy &#8220;open up&#8221; to US businesses, in an interview broadcast Tuesday on Fox News.<\/p>\n<p>&#8220;We have the confines of a very, very strong deal with China. But the most exciting part of the deal &#8230; that&#8217;s the opening up of China to US business,&#8221; he told the US broadcaster while aboard Air Force One on the way to the start of his Gulf tour.<\/p>\n<p>&#8220;One of the things I think that could be most exciting for us and also for China, is that we&#8217;re trying to open up China,&#8221; he added, without elaborating.<\/p>\n<p>Trump had upended international commerce with his sweeping tariffs across economies, and China has been especially hard hit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States and China slashed sweeping tariffs on each others&#8217; goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets and international supply chains. Washington and Beijing agreed to drastically lower sky-high tariffs in a deal that emerged from pivotal talks at the weekend in &hellip;<\/p>\n","protected":false},"author":2,"featured_media":48601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-48597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/48597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=48597"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/48597\/revisions"}],"predecessor-version":[{"id":48602,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/48597\/revisions\/48602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/48601"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=48597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=48597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=48597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}