#TradeWarEases refers to the recent de-escalation in the trade war between the United States and China. On May 12, 2025, both countries announced a preliminary agreement after two days of negotiations in Geneva. This agreement includes a significant reduction in tariffs over an initial period of 90 days: 

• United States: Will reduce tariffs on Chinese products from 145% to 30%.

• China: Will reduce tariffs on American products from 125% to 10%.  

Additionally, a new economic dialogue platform was established to address long-term structural issues in the bilateral trade relationship. 

This progress has generated optimism in global financial markets:

• S&P 500 futures rose by 2.8%.

• The US dollar strengthened by 0.7%.

• Gold prices fell by 2.3%, indicating a greater appetite for risk assets.