#TradeWarEases On May 12, 2025, the United States and China announced a significant de-escalation in their ongoing trade war by agreeing to a 90-day reduction in tariffs. This agreement, reached after high-level negotiations in Geneva, aims to ease tensions and foster further dialogue between the two economic superpowers.

Key Details of the Agreement

• Tariff Reductions: The U.S. will lower tariffs on Chinese goods from 145% to 30%, while China will reduce tariffs on U.S. products from 125% to 10% .