Faisal Islam: US and China step back from brink

Quick Summary:

It is not an end to the trade war, but it is a significant truce, writes the BBC's economics editor.

It's a ceasefire on the main front of the global trade war.

The toy shop owner I met last month in Arizona, who will not publish prices in her Christmas catalogues, may still have that uncertainty, but probably can now count on the container ships sailing with her products onboard.

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Article Details

Category: Business

Markets: United KingdomChinaSwitzerland

Topics: China Global Trade First Tariffs Tariff Rest World Countries Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 16:01:33 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 28620690

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 3 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 17 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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