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Trade Alert: U.S. and China Agree to Trade Truce
Trade Policy

Trade Alert: U.S. and China Agree to Trade Truce

Jun 12, 2025
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Policy Risk Brief
Policy Risk Brief
Trade Alert: U.S. and China Agree to Trade Truce
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The United States has reached an agreement for a trade truce with China. President Donald Trump announced the agreement via social media, noting that it is subject to his and Chinese President Xi’s final approval. The agreement effectively restores the May agreement in which the United States reduced tariffs to 30% while retaining earlier tariffs, while…

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