Historic Trade Truce Between America and China... Is This the Beginning of the End?
Finally, after months of tension and uncertainty, the United States and China have agreed to a 90-day trade truce aimed at breaking the deadlock and paving the way for a comprehensive agreement.
Details of the agreement:
America is reducing tariffs on Chinese goods from 145% to 30%.
China is reducing retaliatory tariffs on American exports from 125% to 10%.
The agreement came after intense negotiations in Geneva, described by the delegations as "frank and constructive," amid cautious welcome from markets and businesses.
Why does this matter to you?
Lower tariffs = reduced production costs and a breath of fresh air for the global economy.
But! The opportunity is limited… only 90 days before the conflict file is reopened.
The takeaway for investors? This calm is a "warrior's respite," and the coming weeks may bring great opportunities or potential shocks… Keep a close eye on the scene.
