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$BTC Overview of the US-China Trade Agreement Significant Tariff Reductions: The United States agrees to reduce tariffs on Chinese goods from 145% to 30% within the next 90 days; China commits to lowering tariffs on US goods from 125% to 10%. Financial Times Establishment of Economic Dialogue Mechanism: Both sides agree to set up a new economic dialogue platform to promote long-term cooperation and address structural issues. Reuters Positive Market Reaction: Following the news of the agreement, global markets perform positively. S&P 500 futures rose by 2.8%, the dollar exchange rate increased by 0.7%, and gold prices fell by 2.3%. Financial Times Background of the Agreement: Previously, the United States imposed tariffs of up to 145% on Chinese goods in early 2025, and China retaliated with tariffs of up to 125%, leading to escalating trade tensions.
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