#TradeWarEases In a significant move towards de-escalating trade tensions, the United States and China have agreed to a 90-day reduction in tariffs, marking a potential thaw in their prolonged economic conflict. Announced during high-level talks in Geneva, the U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on U.S. goods from 125% to 10% .