#TradeWarEases

US-China Trade Agreement Overview

Tariff Reductions:

The U.S. will cut tariffs on Chinese goods from 145% to 30% over 90 days. China will lower tariffs on U.S. goods from 125% to 10%.

(Financial Times)

New Dialogue Platform:

A bilateral economic dialogue will be established to foster long-term cooperation and address structural trade issues.

(Reuters)

Market Reaction:

Following the announcement:

S&P 500 futures rose 2.8%

U.S. dollar gained 0.7%

Gold prices fell 2.3%.

(Financial Times)

Background:

The agreement eases tensions following steep tariff hikes by both countries earlier in 2025.