The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession and set financial markets on edge. Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary…

GENEVA >> The U.S. and China said on Monday they agreed to temporarily slash their steep tariffs on each other, sending global stocks and the U.S. dollar surging as the world’s top two economies tapped the brakes on a trade war that had fed fears of a global recession.

GENEVA (AP) — The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. But the de-escalation in...

The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows a thawing of trade tensions.

The countries agreed in a joint statement to bring their triple-digit tariffs down to two figures.

The United States and China have agreed to a 90-day cut in reciprocal tariffs levied on an array of traded goods after weekend talks in Switzerland made progress in narrowing differences between the two countries.