$BTC The United States and China have agreed to a 90-day suspension of recently announced tariffs, significantly easing trade tensions between the two countries. During talks in Geneva, the US committed to reducing tariffs on Chinese goods from up to 145% to 30%, while China agreed to lower its tariffs on American imports from 125% to 10%. This development has positively impacted global markets. US stock futures surged, with the S&P 500 and Nasdaq futures rising by up to 3.5%. Oil prices also jumped, with US benchmark crude rising to $62.68 per barrel and Brent crude to $65.55. Although this agreement marks a significant step towards easing the trade war, analysts warn that it is a temporary measure. Unresolved issues remain, and the sustainability of this ceasefire will depend on further negotiations.