#TradeWarEases
There are indications that the United States may reduce tariffs on Chinese imports, which had reached as high as 145%, to a range between 50% and 60%. China's retaliatory tariffs of 125% on U.S. goods are also expected to be addressed in the upcoming agreement.
In anticipation of the agreement, global markets have shown positive movements. Investors are optimistic that easing trade tensions will stimulate economic growth and stabilize international trade relations.