#TradeWarEases The United States and China have agreed to a significant de-escalation in their trade conflict, implementing a 90-day truce that includes substantial tariff reductions.
Key Details of the Agreement
Tariff Reductions: The U.S. will lower tariffs on Chinese goods from 145% to 30%, while China will reduce its tariffs on U.S. goods from 125% to 10%.
Duration: The agreement includes a 90-day pause on further trade measures, allowing both sides to engage in additional negotiations.
Market Reaction: Global markets responded positively, with U.S. stock futures surging and significant gains observed in international indices.
Further Talks: Officials from both countries emphasized the importance of continued dialogue to resolve underlying trade disputes and promote global economic stability.
This development marks a constructive step toward easing trade tensions and fostering a more stable global economic environment.$BTC
