#TradeWarEases The US-China trade war has shown signs of easing with a landmark trade deal agreed upon by the two biggest economies. Here's what's happening:

- *Tariff Reduction*: The United States and China have agreed to slash tariffs on each other's goods for 90 days.

- *China's Tariff Exemptions*: China has exempted certain US imports from its 125% tariffs to mitigate economic strain and alleviate domestic stability concerns.

- *Critical Goods Exemption*: Businesses can identify critical goods that need to be exempted from tariffs, indicating a willingness to ease economic strain.

*Market Response:*

- *Global Market Rebound*: The Pakistan Stock Exchange (PSX) gained 2,000 points after Trump eased tariffs for certain Chinese products, following global market turmoil due to trade war fears.

- *Dubai Stock Market*: Initially, Dubai's stock market slipped due to investor concerns over the US-China trade war, but Abu Dhabi's index gained.

This development signals a potential reduction in trade tensions between the two nations, which could positively impact global markets and economies.