The U.S. and China struck a major deal to slash tariffs in a move that could reshape global shipping. On May 14, the U.S. will lower tariffs on Chinese imports from 145% to 30%, while China cuts its tariffs on U.S. goods from 125% to 10%.
The U.S. and China struck a major deal to slash tariffs in a move that could reshape global shipping. On May 14, the U.S. will lower tariffs on Chinese imports from 145% to 30%, while China cuts its tariffs on U.S. goods from 125% to 10%.