Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement

Leading meme coins have rallied as much as 110% over the past week as the tariff tensions between the U.S. and China recently eased. A meme coin is a parody of a mainstream cryptocurrency such as Bitcoin.

The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.

China will lower its tariffs on U.S. goods to 10% for an initial 90 days starting from 12:01 pm (0401 GMT) on Wednesday, Chinese finance ministry said in a statement on Tuesday. The ministry said it would reduce the 34% duties on U.

The US and China have agreed a truce to lower import taxes on goods being traded between the two countries. The agreement marks a major de-escalation of the trade war between the world's two biggest economies, which has sent shockwaves impacting countless other countries, including the UK. Here's what it all means.

Broadcom (NASDAQ: AVGO) has been treated as the “new Nvidia” in recent years, but things didn’t go so well as broader macro troubles dragged it down by over 41% from its peak. However, AVGO stock rallied back in earnest after tariffs started being paused and deals were made. It has since bounced back by 51.5% from its trough in April.

Chilean industrial conglomerate Empresas Copec said on Tuesday that the Chinese market for its forestry products could become more challenging if paper makers struggle to boost sales amid uncertainty over U.

Chinese online retailers had previously relied on the "de minimis" loophole to ship low-value items to the US.

Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.