#TradeWarEases

The trade war between the United States and China has started to calm down 🤝. On May 12, 2025, both countries agreed to reduce the extra taxes (called tariffs) they had added on each other’s goods:

The U.S. will lower its taxes on Chinese goods from 145% to 30% 📉

China will lower its taxes on U.S. goods from 125% to 10% 📉

This deal will last for 90 days ⏳ and is meant to give both sides time to talk more and try to make a long-term agreement 🗣️✍️

Because of this news:

Stock markets went up 📈 especially companies that sell products directly to people 🛍️

The U.S. dollar became stronger 💵

Gold prices went down because investors are feeling more confident 📉🟢

This is just a first step, but it’s a good sign that both countries want to fix their trade problems 🌍✨