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Why Americans can still expect higher prices even after Trump temporarily lowered tariffs on China

President Donald Trump made a temporary trade deal with China, reducing tariffs to 30% for 90 days.

ROBERTO SCHMIDT / AFP

  • President Donald Trump made a temporary trade deal with China, reducing tariffs to 30% for 90 days.
  • Supply chain experts told BI the deal is progress, but it won't reverse the tariff turmoil just yet.
  • The US economy is still stuck in the "bullwhip effect," so prices and supply will remain in flux.

A temporary pause on sky-high tariffs between...

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