#TradeWarEases
BREAKING: U.S.–China Trade Truce Sparks Market Optimism
1. Tariffs Slashed:
The U.S. will reduce tariffs on Chinese goods from 145% to 30% over the next 90 days. In return, China will cut tariffs on American goods from 125% to 10%.
(Source: Financial Times)
2. New Trade Dialogue:
A fresh U.S.–China economic platform is being launched to tackle long-term structural trade issues.
(Source: Reuters)