3:45 AM ET: Tariff rollback agreed

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The US and China have agreed to dramatically roll back tariffs. Hamas says it will release the last known living American hostage in Gaza. Ukraine’s president says he’s prepared to meet with Russia’s leader this week for peace talks. We’ll bring you the latest from the ceasefire ... Show More

The U.S. and China have agreed to roll back hefty tariffs, with the U.S. cutting the 145% tariff on Chinese imports to 30% and China reducing tariffs on U.S. goods from 125% to 10%. The 90-day truce offers hope for consumers and businesses. Hamas released Edan Alexander on Monday ... Show More

The US and China have agreed to slash import tariffs for 90 days to allow for further negotiations. The deal is a major pullback of America's trade offensive, and comes after Chinese President Xi Jinping has taken a defiant stance against Donald Trump. Bloomberg Opinion columnist ... Show More

The U.S. and China have agreed to slash tariffs for 90 days after high-stakes talks in Geneva. Ukrainian President Volodymyr Zelenskiy has offered to meet his Russian counterpart Vladimir Putin in Turkey for the first direct talks since the early months of the 2022 invasion. Plus ... Show More

<p>Tariffs against China were the centrepiece of Donald Trump’s <a href="https://www.economist.com/finance-and-economics/2025/05/07/america-and-china-prepare-for-an-alpine-trade-clash?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.c ... Show More

Tariffs against China were the centrepiece of Donald Trump’s “Liberation Day” trade plans. Our correspondent explains the significance of a new 90-day hiatus. Will Ukraine and Russia come to the negotiating table this week (7:51)? Why new techniques to compress the contrast betwe ... Show More