#TradeWarEases

Breaking News: U.S.-China Trade War Cools After Major Agreement

The U.S. and China have struck a deal to pause their ongoing trade conflict, agreeing to a 90-day tariff truce.

Key Details:

• U.S. tariffs on Chinese goods reduced from 45% to 30%

• China slashes tariffs on U.S. imports from 25% to 10%

• Agreement brokered in Geneva talks led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng

(Source: Financial Times)

Market Reaction:

• S&P 500 Futures up 2.8%

• U.S. Dollar gains 0.7%

• Gold prices dip 2.3%

Tech Sector Feels the Pressure:

• Apple hit with a $1.4B tariff impact

• Shifting production to India and Vietnam

• Consumer prices may rise: smartphones +31%, laptops +34%

(Source: The Australian)

What’s Next?

Stay tuned as both nations enter a critical 90-day window to solidify longer-term trade resolutions.