花旗：关税可能降至约 45% ，中美 1.5 阶段协议可能的形式

Flash | 11 May 2025 22:23:52 ET │ 9 pages China Economics The Likely Shape of US-China Phase 1.5 Deal – Quick Take on the Geneva Talks CITI'S TAKE The US and China held a 2-day long conversation in Switzerland. We see the progress as a potential Phase 1.5 deal, resolving the easy part of the trade talks between the two countries. The Fentanyl tariffs and escalatory tariffs could be rolled back, and China is likely to make concession in reversible areas. It is now more likely in our view that the effective t ...