Bessent: ‘We will take them down by 115%’
The United States and China will suspend a part of their punitive customs duties for 90 days. This is what we read in a US-China joint press release from Geneva. According to the declaration, the suspension will enter into force “by May 14”.
Speaking in Geneva, the US secretary to Treasury Scott Beesent said that China and the USA “will reduce their duties of 115%”, after having agreed a 90 -day break. The international media reports it.
