#TradeWarEases The United States and China have agreed to a 90-day truce in their escalating trade war, marking a significant de-escalation in tensions. Under the agreement, the U.S. will reduce tariffs on Chinese goods from 145% to 30%, while China will lower tariffs on U.S. goods from 125% to 10%. This move aims to provide a window for further negotiations and to alleviate economic pressures on both nations. The announcement has been met with optimism in global markets, with stock indices and oil prices rising, and the U.S. dollar strengthening. However, experts caution that while this agreement offers temporary relief, long-term stability will depend on the success of ongoing talks and the resolution of underlying issues.