{"id":65617,"date":"2025-05-12T09:09:30","date_gmt":"2025-05-12T09:09:30","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=65617"},"modified":"2025-05-12T09:09:30","modified_gmt":"2025-05-12T09:09:30","slug":"us-china-ease-trade-tensions","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/05\/12\/us-china-ease-trade-tensions\/","title":{"rendered":"US, China Ease Trade Tensions"},"content":{"rendered":"<p><em><strong>By Ifeoluwa Odunayo<\/strong><\/em><\/p>\n<p>The United States and China have reached a breakthrough in Geneva, agreeing to a ninety day truce in their prolonged trade war by trimming tariffs to a uniform ten percent.<\/p>\n<p>US Treasury Secretary Scott Bessent described the move as a step toward balanced trade and a bid to prevent deeper economic rifts.<\/p>\n<p>The news sparked optimism across global markets, calming fears of a looming recession.<\/p>\n<p>This development marks the first high level engagement between both nations since President Trump returned to office.<\/p>\n<p>China had earlier hiked tariffs to one hundred and twenty five percent and restricted vital exports in response to Washington\u2019s earlier trade measures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ifeoluwa Odunayo The United States and China have reached a breakthrough in Geneva, agreeing to a ninety day truce in their prolonged trade war by trimming tariffs to a uniform ten percent. US Treasury Secretary Scott Bessent described the move as a step toward balanced trade and a bid to prevent deeper economic rifts. [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":65618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[249],"tags":[59],"class_list":["post-65617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/65617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=65617"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/65617\/revisions"}],"predecessor-version":[{"id":65619,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/65617\/revisions\/65619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/65618"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=65617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=65617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=65617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}