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RADIO: White House Announces Details of Historic Deal with China – Tariffs Reduced by 115% During 90 Day Pause Period, China Agrees to Address Fentanyl Crisis | The Gateway Pundit | by Jordan Conradson

Posted on May 12, 2025May 12, 2025
[image: https://www.thegatewaypundit.com/wp-content/uploads/2024/11/us-china-1200×630.png]
*The White House has released details on the historic trade deal with China that President Trump and his team secured on Sunday cutting both countries’ tariffs on each other’s imported goods by 115% for at least 90 days.*
U.S. Trade Representative Ambassador Jamieson Greer and Treasury Secretary Scott Bessent held Discussions in Geneva, Switzerland, with Chinese Representatives. These talks aimed to address the escalating trade war, which has seen the U.S. impose tariffs as high as 145% on Chinese goods, with China retaliating with 125% tariffs on American products.
As The Gateway Pundit reported on Sunday, Bessent announced that they struck a deal during their eight-hour meetings.
This new deal with China comes after President Trump announced his *first trade deal* <www.thegatewaypundit.com/2025/05/watch-president-trump-uk-prime-minister-keir-starmer/> in a press conference with United Kingdom Prime Minister Keir Starmer, which retains the United States’ 10% reciprocal tariff rate along with increased tariffs on automobile imports. Meanwhile, the White House says the UK is expected to reduce tariff and non-tariff barriers on meat, poultry, and dairy, which can exceed 125%.
China and the United States have agreed to reduce tariffs by May 14, with China retaining a 10% tariff on American goods while the US retains a 10% reciprocal tariff on Chinese goods. Additionally, China has agreed to help the US “take aggressive actions to stem the flow of fentanyl and other precursors from China to illicit drug producers in North America.”
“To be very clear, other measures that the United States has put in place in the past, whether it’s tariff measures from 2018 or since, tariffs under other statutory authorities, tariffs like the fentanyl those remain unchanged for now to decide,” Greer said in a press conference. “I’ll just make one point, is that both the Chinese and the United States agreed to work constructively together on fentanyl, and there’s a positive path forward there as well.”

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