#TradeWarEases
Hashtag #TradeWarEases refers to the significant progress in easing trade tensions between the United States and China, following a period of escalation in tariffs during early 2025.
Key features of the agreement:
Significant tariff reductions: The United States agreed to lower tariffs on Chinese imports from 145% to 30% within 90 days, while China will reduce tariffs on American imports from 125% to 10%.
Establishment of a new economic dialogue mechanism: Both sides agreed to establish an economic dialogue platform to enhance long-term cooperation and address structural issues in trade relations.
Positive reactions in global markets: Futures for the S&P 500 index rose by 2.8%, the US dollar strengthened by 0.7%, while gold prices fell by 2.3%, reflecting improved investor confidence.