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US and China to slash reciprocal tariffs by 115 percentage points

07:35 Min

There has been a major de-escalation in trade tensions between the world's largest economies. US and China have agreed to slash reciprocal tariffs, dialling down a trade war that has stoked fears of a global economic downturn and set markets on edge. Nick Harper and Deborah Wong report.

There has been a major de-escalation in trade tensions between the world's largest economies. US and China have agreed to slash reciprocal tariffs, dialling down a trade war that has stoked fears of a global economic downturn and set markets on edge. Nick Harper and Deborah Wong report.

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