The China-U.S. trade war suddenly "ceases fire"! The 90-day truce agreement ignites global markets!
On May 12, 2025, China and the U.S. dropped a bombshell in Geneva—both sides slashed tariffs by over 100%! U.S. tariffs on Chinese goods plummeted from 145% to 30%, and China's tariffs on U.S. goods dropped from 125% to 10%, leading to a surge in global stock markets!
🔥 Three Major Explosive Points
1️⃣ 90-day buffer period: Both sides suspend new tariffs, providing breathing room for businesses
2️⃣ U.S. backs down: The Trump administration is forced to withdraw 91% of the increased tariffs
3️⃣ China wins: Retains 10% tariffs in key areas while expanding the Southeast Asian market as a substitute
⚠️ Hidden Dangers
- The U.S. still clings to the 20% tariff on fentanyl-related products
- Possible table flipping after 90 days, businesses should stock up!
Behind this epic reconciliation is China's 8.1% export growth slapping the U.S. tariff war in the face, while U.S. inflation crushed Trump's tough persona!
: Details of the Geneva Agreement
: U.S. cancels 91% of tariffs
: Economists interpret the impact of the ceasefire