#TradeWarEases

Amidst a protracted trade dispute, the US and China have agreed to ease tariffs, signaling a potential de-escalation. Effective May 14, 2025, the US will reduce tariffs on Chinese goods from 145% to 30%, while China will lower tariffs on US goods from 125% to 10% for 90 days. This follows high-level talks in Geneva, offering a temporary reprieve and market optimism. The move aims to revive trade flows and stabilize supply chains, though long-term solutions are still sought.