#TradeWarEases

On May 12, 2025, the United States and China announced a significant reduction in tariffs, marking a pivotal step toward easing trade tensions. Both nations agreed to cut tariffs by 115 percentage points for a 90-day period, aiming to foster a more conducive environment for negotiations. This development has positively impacted global markets, with Bitcoin surging past $100,000 and gold prices experiencing a decline as investors shift from safe-haven assets. Analysts view this move as a temporary de-escalation, noting that underlying issues between the two economic giants remain unresolved