#TradeWarEases

1. Temporary reduction in tariffs (for 90 days):

United States: Reduced tariffs on Chinese goods from 145% to 30%.

China: Reduced tariffs on American goods from 125% to 10%.

The goal is to create a time frame for deeper and more comprehensive negotiations.

2. Exceptions to the agreement:

Tariffs related to fentanyl were not included in the agreement and negotiations continue separately due to the sensitivity of the health and security issue.

3. Global reactions:

Financial markets: Experienced an increase, including indices such as S&P 500 and Nasdaq.

The US dollar and Treasury bonds recorded gains.

4. Analysts' assessment:

Conditional optimism: They see it as a positive but temporary step.

Warnings: About the possibility of tensions returning if a permanent agreement is not reached.

Summary:

This de-escalation represents a real opportunity to break the deadlock in trade relations, but challenges remain, and the future depends on the outcomes of negotiations during the de-escalation period.