US Trade Rep. Greer: If things don’t work out, China tariffs can go back up

FXStreetMay 13, 2025 12:43 AM

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US Trade Representative Jamieson Greer said late Monday that China has agreed to remove countermeasures. However, if things don’t work out, China tariffs can go back up.

Key quotes

China has agreed to remove countermeasures.
Outcome of China tariff talks ‘pragmatic’.
If things don’t work out, China tariffs can go back up.

Market reaction

At the time of writing, the AUD/USD pair is trading 0.03% higher on the day to trade at 0.6375.

Reviewed byJane Zhang

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