#TradeWarEases

The U.S. and China have reached a pivotal trade agreement, significantly easing tensions. The U.S. will reduce tariffs on Chinese goods from 145% to 30% over the next 90 days, while China will cut tariffs on U.S. goods from 125% to 10%. A new economic dialogue platform will be established to promote long-term cooperation and tackle structural trade issues. Markets responded positively: S&P 500 futures rose 2.8%, the U.S. dollar gained 0.7%, and gold prices dropped 2.3%. Earlier in 2025, both countries had imposed steep tariffs, heightening conflict—this deal signals a major step toward resolution.