US and China Slash Tariffs for 90 Days, Easing Trade Tensions

BREAKING — The U.S. government has announced a temporary reduction in tariffs on Chinese goods, cutting rates from 145% to 30% for 90 days. Simultaneously, China lowered tariffs on U.S. goods from 125% to 10% for the same period.

This marks a rare positive signal in the strained trade relationship between the world’s two largest economies, especially amid internal economic pressures and global geopolitical instability.

Analysts say this temporary move could pave the way for a more comprehensive trade agreement, particularly with the upcoming U.S. presidential election and China’s efforts to revive its sluggish economy.

However, experts warn that without long-term commitments, short-term tariff relief may fall short of resolving the deeper structural issues between both nations.