#TradeWarEases
TradeWarEases is a trending hashtag highlighting the recent easing of trade tensions between the United States and China. On May 12, 2025, both nations announced a significant agreement to reduce tariffs over a 90-day period:(in-cyprus.philenews.com)
U.S. Tariffs: Reduced from 145% to 30% on Chinese goods.
China's Tariffs: Lowered from 125% to 10% on American imports. (Binance)
This development has positively impacted global markets, with the S&P 500 futures rising by 2.8% and gold prices dropping by over 2% as investors shift away from safe-haven assets. (Binance)
The agreement also includes the establishment of a new economic dialogue platform aimed at fostering long-term cooperation and addressing structural trade issues. (Binance)
Overall, #TradeWarEases signifies a pivotal move towards de-escalating trade conflicts and promoting global economic stability.(Binance)