#TradeWarEases

The U.S. and China have agreed to reduce tariffs for 90 days, marking a significant de-escalation in their trade tensions. The U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will reduce its tariffs on U.S. goods from 125% to 10%. This agreement follows two days of high-level negotiations in Geneva, described by both sides as "constructive" and "productive." Financial markets responded positively, with Asian stock indices climbing and oil prices rising over 1%. However, analysts caution that the lack of detailed commitments poses risks for future market stability. markets.businessinsider.com+2Financial Times+2The Guardian+2markets.businessinsider.com+4The Guardian+4The Times+4Reuters+1The Guardian+1

#TradeWarEases #USTariffReduction #ChinaTariffCut #GlobalMarkets #TradeNegotiations