US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer hold a news conference in Geneve on May 12, 2025, to give details of "substantial progress" following a two-day closed-door meeting between US and China top officials aimed at ending a devastating tariff war. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
Video Ad Feedback
Here’s what we know about the US-China tariff agreement

The United States and China announced that they have agreed to temporarily lower tariffs, after a weekend of marathon negotiations in Geneva, Switzerland. CNN’s Kristie Lu Stout breaks down what we know about the agreement.

00:53 - Source: CNN
Latest from CNN Business 15 videos
US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer hold a news conference in Geneve on May 12, 2025, to give details of "substantial progress" following a two-day closed-door meeting between US and China top officials aimed at ending a devastating tariff war. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
Video Ad Feedback
Here’s what we know about the US-China tariff agreement
00:53
Now playing
- Source: CNN
jon-stewart-5-12_V2.png
Video Ad Feedback
Jon Stewart mocks Trump's plan to accept a jet from the Qatari royal family
01:30
Now playing
- Source: CNN
xi trade sot thumb.jpg
Video Ad Feedback
'No winners in tariffs wars or trade wars': Xi Jinping makes first public remarks after tariff rollback
00:35
Now playing
- Source: CNN
<p>Dr. Martin Makary joins The Lead</p>
Video Ad Feedback
FDA chief on new plan to lower prescription drug prices
06:04
Now playing
- Source: CNN
still_21611771_8357.32_still.jpg
Video Ad Feedback
Trump’s Gulf trip, Disney’s Abu Dhabi magic, Maldives’ $9B financial bet: This week’s business headlines from the Middle East
02:28
Now playing
- Source: CNN
112171_snl pope vance horizontaL THUMB.png
Video Ad Feedback
‘SNL’ takes aim at new American pope
01:01
Now playing
- Source: CNN
Zakaria and Gates.jpg
Video Ad Feedback
Fareed Zakaria asks Bill Gates how damaging he thinks Trump’s tariffs are. Hear his response
01:43
Now playing
- Source: CNN
<p>Emily Murray and John Murray joins The Lead</p>
Video Ad Feedback
Baby store owners say tariffs worry expecting parents
05:29
Now playing
- Source: CNN
gerbercomp.png
Video Ad Feedback
See CEO's blunt reaction after Trump's remark about the steep drop in US trade
01:22
Now playing
- Source: CNN
112130_AI Victim Statement.00_00_06_14.Still001.jpg
Video Ad Feedback
Victim in road rage shooting talks to his killer in court via AI
02:09
Now playing
- Source: CNN
trump trade thumb 16x9 .jpg
Video Ad Feedback
Here’s what’s in the US-UK trade ‘deal’
01:20
Now playing
- Source: CNN
still_21607053_595221.714_still (1).jpg
Video Ad Feedback
Economist pours cold water on Trump's trade deal with the UK
01:38
Now playing
- Source: CNN
<p>Chasity Monroe joins The Lead</p>
Video Ad Feedback
How tariffs are straining a Black-owned small business
04:41
Now playing
- Source: CNN
disney 3.jpg
Video Ad Feedback
Why Disney chose Abu Dhabi for their next theme park location
07:02
Now playing
- Source: CNN
<p>Speaking at the Advantage Oman Forum in Muscat, Mohammed Alardhi, Executive Chairman of Investcorp, described Oman as a nation at a pivotal moment — rich in heritage, politically stable, and offering asset values well below regional peers. He pointed to the country’s deepening capital market reforms and unparalleled diversification opportunities as signs of strong future growth.</p>
Video Ad Feedback
Investcorp chairman on Oman’s investment diversification
01:00
Now playing
- Source: CNN