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US and China to Pause Most Tariffs for 90 Days; Trump to Slash Drug Prices With Executive Order | NTD Good Morning (May 12)

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US and China to Pause Most Tariffs for 90 Days; Trump to Slash Drug Prices With Executive Order | NTD Good Morning (May 12)
May-12-2025
U.S. and Chinese officials say they have reached a deal to roll back most of their recent tariffs for 90 days. U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent said on Monday that the United States has agreed to drop its 145 percent tariff rate on Chinese goods by 115 percentage points down to 30 per...
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