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U.S., China Secure Initial Trade Agreement

May 13, 2025 | Business, International, White House

President Donald J. Trump has announced an initial trade deal with China aimed at reducing tariffs and ending retaliation.

  • Tariffs: 90-day pause with reciprocal tariff reduction of 115%.
  • Fentanyl Crisis: Joint cooperation, with Chinese engagement praised for its depth.

This agreement follows Trump’s recent trade deal with the UK, advancing his vision of eliminating unfair trade practices hurting American workers and businesses.

Tags #Business, #International, #WhiteHouse

Lucem News Editor’s Opinion: Trump just did what globalist diplomats and Ivy League economists said was impossible—cut deals with China and the UK, lowered tariffs, and tackled fentanyl. This is only the 4th month of the Trump Administration.

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