The US and China have agreed to slash their reciprocal tariffs by 115 percent for 90 days.

Washington imposed a 145 percent tariff on Chinese imports at the start of the year - and Beijing responded with a 125 percent levy on some US goods.

But this weekend's trade negotiations between US and Chinese officials in Switzerland appear to have gone well. 

Harbour Asset Management's Shane Solly explains further.

LISTEN ABOVE

The US and China have agreed to slash their reciprocal tariffs by 115 percent for 90 days.
Washington imposed a 145 percent tariff on Chinese imports at the start of the year - and Beijing responded with a 125 percent levy on some US goods.
But this weekend's trade negotiations between US and Chinese officials in Switzerland appear to have gone well.&nbsp;
Harbour Asset Management's Shane Solly explains further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Shane Solly: Harbour Asset Management spokesperson on the US and China's trade talks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c2308ecc-c473-47a4-89e2-b2db008c4ecd/transcript