CHINESE BUSINESSES VIEW TARIFF PAUSE WITH CAUTION AND UNCERTAINTY
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✍️ US and China have agreed to reduce tariffs on each other's goods, but businesses in China are reacting with caution, citing uncertainty and potential changes in the future.
👉 US and China agree to reduce tariffs on each other's goods 👉 US reduces 145% tax to 30% and China lowers tariff rate on US goods to 10% 👉 Businesses in China react with caution, citing uncertainty and potential changes in the future 👉 Some companies already seeing impact of tariffs, with orders declining and investments being put on hold 👉 Two countries planning to start negotiations for a longer-term deal
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