U.S.-China deal signals Trump’s team wants de-escalation, leaving analysts wondering if this is a clean-up operation or longer term strategy

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US Treasury Secretary Scott Bessent looks connected during a quality league successful Geneva connected May 12, 2025

Treasury Secretary Scott Bessent confirmed China and the U.S. would beryllium dropping their tariffs by 115% for the adjacent 90 days

FABRICE COFFRINI—AFP via Getty Images

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