#NewsTrade This is indeed massive breaking news that could have significant short-term effects on global markets:
Key Points:
U.S. Tariffs: Reduced from 145% to 30% on Chinese goods.
China’s Response: Cutting tariffs from 125% to 10% on U.S. goods.
Duration: Temporary — for 90 days only.
Potential Market Impact:
Stock Market:
Likely bullish for sectors reliant on U.S.-China trade (e.g., tech, manufacturing, semiconductors).
Could ease inflationary pressures due to lower import costs.
Crypto Markets:
Might see a positive surge due to improved global risk sentiment and capital flow from eased tensions.
Commodities:
Agricultural exports from the U.S. to China (like soybeans) may spike.
Energy markets might also react positively.
Global Trade Sentiment:
Signals a potential thaw in U.S.-China trade relations — even if temporary, it could hint at longer-term negotiations.
Would you like a visual summary or real-time updates on how the markets are reacting?