#TradeWarEases

In a surprising move, the United States and China reached an agreement on Monday, May 12, 2025, to temporarily reduce mutual tariffs, easing trade tensions and boosting optimism in global markets.

Agreement Details

The United States reduced tariffs on Chinese imports from 145% to 30%, while China lowered its tariffs on American products from 125% to 10%.

This agreement lasts for 90 days, with both parties committed to continuing dialogue to develop a permanent trade agreement.