The U.S. and China put a semi-hold on tariffs for the next 90 days. The New York Times provides the timeline so far.
Tariffs on Chinese goods are down to 30% from 145% and tariffs on U.S. goods are down to 10% from the retaliatory 125%. Has anyone explained how countries choose these numbers? They seem arbitrary.
In any case, I’m guessing these step charts will need to update a few times over the next few months. Step charts, which show constant values and then sudden changes over time, might be the chart type of the next few years.
