The United States and China reached a trade agreement to reduce tariffs and ease tensions in the trade war. The pact, announced on May 12, 2025, suspends most tariffs imposed in April and establishes a 90-day tariff reduction period.
Key points of the agreement:
Tariff reduction: The U.S. will reduce tariffs on Chinese imports from 145% to 30%, while China will cut its tariffs on American products from 125% to 10%.
Dialogue mechanism: Both countries agreed to continue negotiations to maintain sustainable trade relations.
Market impact: Following the announcement, the U.S. dollar and the Chinese yuan appreciated, and financial markets reacted positively.
Although the agreement is a step forward, analysts warn that there are still high tariffs in sectors such as steel, aluminum, and automobiles. The expectation is that new rounds of negotiations may lead to a more comprehensive solution.
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