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Temporary deal between America and China under Trump Tariffs.

Margadh sealadach idir Meiriceá agus an tSín faoi Tharaifí Trump.

A deal has been reached between the United States and China to temporarily cut reciprocal tariffs in the hope of ending a trade dispute between the world’s two largest economies that has wreaked havoc on stock exchanges and financial markets and on economic planning around the world.

Tá margadh déanta idir Stáit Aontaithe Mheiriceá agus an tSín le taraifí cómhalartacha a ghearradh go sealadach le súil clabhsúr a chur ar aighneas tráchtála idir an 2 gheilleagar is mó ar domhan atá tar éis cíor thuathail a tharraingt ar na stocmhalartáin agus na margaí airgid agus ar phleanáil eacnamúil ar fud na cruinne.

A “90-day pause” has been agreed upon, said US Treasury Secretary Scott Bessent, following talks with Chinese officials in Geneva.

Tá “sos 90 lá aontaithe” a dúirt Aire Airgeadais Mheiriceá Scott Bessent tar éis chomhráití le feidhmeannaigh de chuid na Síne sa nGinéiv.

Tariffs will be reduced from over 100% said Bessent to 10%.

Laghdófar taraifí ó bhreis is 100 faoin gcéad a dúirt Bessent go dtí 10 faoin gcéad .

“There was a trade barrier on the roads because of the tariffs,” the Minister said, “which is not from either side.”

“Bhí trádbhac ar na bacáin de bharr na dtaraifí” a dúirt an tAire “rud nach bhfuil ó cheachtar taobh.

“We want to do business together.”

Tá muid ag iarraidh a bheith i mbun tráchtála le chéile.”

The talks in Geneva over the past 2 days were the first direct negotiations between senior government officials from the two superpowers since President Trump came to power again at the beginning of the year and imposed a raft of tariffs and fees globally, including very heavy penalties on Chinese goods.

B’iad na cainteanna sa nGinéiv le 2 lá anuas an chéad idirbheartaíocht dhíreach idir lucht sínsearach Rialtais de chuid an 2 Ollchumhacht ó tháinig an tUachtarán Trump i réim arís ag tús na bliana agus ó thug sé faoi rois dleachtanna agus táillí go domhanda, pionóis an-trom ina measc ar earraí de chuid na Síne.

Since January, the Trump regime has imposed a 145% increase in tariffs on imports of materials from China, in addition to the tariffs imposed by Donald Trump during his first term in the White House and by President Biden in the meantime.

Ó mhí Eanáir tá 145 faoin gcéad de chostas sa mbreis curtha ag Réimeas Trump ar ealmhuiriú ábhair as an tSín, i dteannta na dtáillí a bhí gearrtha ag Donald Trump ina chéad thréimhse sa Teach Bán agus ag an Uachtarán Biden idir an dá linn.

In response, China had blocked the sale of rare earth minerals to America – a vital raw material for US companies producing ammunition and electronics – and was imposing 125% tariffs on goods from America.

Mar fhreagra le ráithe bhí an tSín tar éis bac a chur ar mhianraí tearc-chré a dhíol le Meiriceá – bunábhar riachtanach ag cuideachtaí sna Stáit Aontaithe a bhíonn ag táirgeadh armlóin agus earraí leictreonacha – agus bhí 125 faoin gcéad de tharaifí á ngearradh acu ar earraí anall as Meiriceá.

Since the conflict began, $600 billion worth of trade between the two countries has been halted, supply chains have been damaged, people have been displaced and there has been widespread concern about inflation without economic growth.

Ó thosaigh an t- achrann tá stad curtha ar luach $600 billiún tráchtála idir an 2 thír, dochar déanta do ghréasáin soláthair, daoine ligthe chun siúil agus imní go forleathan faoi bhoilsciú gan borradh geilleagair.

Chinese Vice Premier He Lifeng said the talks were “candid, comprehensive and fruitful” and that “significant progress and important agreement” had been achieved.

Dúirt LeasPhríomhaire na Síne He Lifeng go raibh na comhráití “neamhbhalbh, cuimsitheach agus fiúntach” agus gur baineadh amach “gabháil chun cinn suntasach agus comhaontú tábhachtach.”

Jamieson Greer, US Trade Representative, and Finance Minister Scott Bessent speaking in Geneva.

Jamieson Greer, Ionadaí Tráchtála Mheiriceá, agus an tAire Airgeadais Scott Bessent ag labhairt sa nGinéiv.