https://www.taxtmi.com/news?id=43493 US and Chinese authorities agreed to roll back most recent tariffs and suspend remaining elevated duties for a limited truce while resuming bilateral trade consultations. The agreement includes substantial tariff reductions on reciprocal goods and suspension of retaliatory measures and related restrictions such as export controls and entity listings. The pause is explicitly time limited and intended to provide a negotiation window; officials pledged continued meetings to seek a longer term settlement, while underscoring that the suspension does not resolve underlying trade disputes. en-us Mon, 12 May 2025 17:46:03 +0530 Mon, 12 May 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43493 US and Chinese authorities agreed to roll back most recent tariffs and suspend remaining elevated duties for a limited truce while resuming bilateral trade consultations. The agreement includes substantial tariff reductions on reciprocal goods and suspension of retaliatory measures and related restrictions such as export controls and entity listings. The pause is explicitly time limited and intended to provide a negotiation window; officials pledged continued meetings to seek a longer term settlement, while underscoring that the suspension does not resolve underlying trade disputes. News - Mon, 12 May 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=43493