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Al Jazeera
Al Jazeera
Politics
Sarah Shamim

Why did the US and China slash tariffs – and what’s next?

United States China Donald Trump Carlos Lopes Scott Bessent Chatham House
US Treasury Secretary Scott Bessent speaks during a news conference in Geneva after a two-day closed-door meeting between the US and China [Fabrice Coffrini/AFP]

The United States and China reached a deal on Monday to suspend heavy tariffs against each other’s imports for 90 days.

The recent breakthrough marked a detente in the tariff war launched by US President Donald Trump since he returned to office in January. While Trump initially unveiled tariffs against most countries, he then paused most of them – except against China, the US’s biggest economic rival.

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