#TradeWarEases Trade war eases — and the global economy may finally be turning a corner.
In a major diplomatic breakthrough, the United States and China have agreed to sharply reduce tariffs on each other's goods for the next 90 days. The U.S. is cutting its tariffs from 145% to 30%, while China is slashing its own from 125% to 10%. This temporary agreement, forged during high-level talks in Geneva, marks the first meaningful de-escalation in years of economic conflict between the world's two largest economies.
Markets have responded with enthusiasm. Stock indexes surged worldwide, commodities like oil and iron ore climbed, and key sectors — especially manufacturing, tech, and agriculture — saw renewed investor confidence. Beyond the immediate financial impact, this deal symbolizes a rare moment of cooperation in an increasingly divided global landscape.
While the agreement is short-term, it creates space for long-term negotiations and opens the door to a more balanced and stable trading relationship. Challenges remain, but for now, businesses and markets alike are breathing easier.
The easing of the trade war is more than just policy — it’s a signal of possibility. A window has opened for progress, and how both nations move forward from here will shape the future of global commerce.