$BTC
#TradeWarEases Following high-stakes trade talks in Geneva,
the United States and China have agreed to a significant easing of trade tensions. Effective immediately,
both nations will roll back the majority of the steep tariffs imposed since April. U.S. tariffs on Chinese goods will decrease from 145% to 30%, while China will reduce its levies on American products from 125% to 10%.🤑🚦
This agreement, which includes a 90-day pause on further tariff increases, marks a significant step towards de-escalating the trade war that has disrupted global markets. While a baseline of 20% in tariffs imposed earlier by the U.S. will remain,
this
substantial reduction offers a reprieve for businesses and consumers in both countries. Negotiations will continue, aiming for a more comprehensive resolution.$BTC
