#TradeWarEases#TradeWarEases – The U.S. and China have agreed to a 90-day truce in their escalating trade war, significantly reducing tariffs to foster renewed negotiations. U.S. tariffs on Chinese goods will drop from 145% to 30%, while China will lower its tariffs on U.S. imports from 125% to 10% . This development has buoyed global markets, with major indices rallying and the U.S. dollar strengthening . While this agreement marks a positive step towards easing tensions, analysts caution that underlying issues remain unresolved . The coming months will be crucial in determining whether this temporary relief leads to a lasting resolution or merely postpones further economic conflict.
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