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US and China to slash tariffs for 90 days as Trump and Xi likely to talk 'maybe at the end of the week'
Ben Werschkul · Washington Correspondent
Two days of high-stakes talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop by 115 percentage points on both sides by Wednesday and with President Donald Trump and Chinese President Xi Jinping now likely to talk in the coming days.
"Yesterday, we achieve a total reset with China," the president said Monday morning at the White House while also announcing his plans to talk with President Xi soon, "maybe at the end of the week."
Ben Werschkul · Washington Correspondent
Two days of high-stakes talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop by 115 percentage points on both sides by Wednesday and with President Donald Trump and Chinese President Xi Jinping now likely to talk in the coming days.
"Yesterday, we achieve a total reset with China," the president said Monday morning at the White House while also announcing his plans to talk with President Xi soon, "maybe at the end of the week."