#TradeWarEases A breakthrough in U.S.-China trade relations: both nations have agreed to a 90-day rollback of tariffs. The U.S. will reduce tariffs on Chinese goods from 145% to 30%, while China will lower tariffs on U.S. products from 125% to 10%. This temporary truce, finalized after intensive talks in Geneva, aims to prevent a total trade blockade and foster balanced trade between the worldās two largest economies. ļæ¼ ļæ¼
Markets are responding positively, with global equities and the U.S. dollar rising. However, analysts caution that high tariffs remain, and the long-term outcome of the talks is uncertain. ļæ¼ ļæ¼
#TradeTruce #GlobalMarkets #USChinaRelations