US treasury secretary Scott Bessent said that the US will cut tariffs on Chinese goods to 30% from the previously-imposed 145%, for 30 days.
FTSE 100 LIVE: Stocks head higher as US and China agree temporary deal to cut tariffs
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US treasury secretary Scott Bessent said that the US will cut tariffs on Chinese goods to 30% from the previously-imposed 145%, for 30 days.