Days of talks, following on President Donald Trump’s call with China’s Xi Jinping last Thursday, settled on a framework that leaves a 55% US tariff on Chinese goods and a 10% Chinese levy on American imports. The chaos of on-again, off-again tariffs had led to turbulence in US markets and had mom-and-pop shops bracing for “the end”; now they can plan at least a couple of months ahead, with solid reason to hope the worst is over. Kudos to Treasury and Commerce Secretaries Scott Bessent and Howard Lutnick, the top US negotiators in London, for mastering “the art of the framework”; let’s hope Trump and Xi can close a final deal.
Author: Post Editorial Board
Published at: 2025-06-11 22:15:40
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