#TradeWarEases US-China Trade Agreement Overview

The US and China have reached a significant trade agreement, easing tensions. The US will reduce tariffs on Chinese goods from 145% to 30% within 90 days, while China commits to lowering tariffs on US products from 125% to 10%. Both nations will establish a new economic dialogue platform to foster long-term cooperation and resolve structural issues. Markets reacted positively; the S&P 500 futures rose 2.8%, the dollar strengthened by 0.7%, and gold prices declined by 2.3%. This agreement marks a shift from the previous escalation in early 2025, when tariffs up to 145% and 125% respectively heightened tensions. The move signals a promising step toward stabilizing US-China trade relations and promoting global economic stability.