#TradeWarEases
🇺🇸🤝🇨🇳 1. U.S. and China Agree to 90-Day Tariff Reduction
The United States and China have agreed to significantly ease tariffs for 90 days, marking a major de-escalation in their ongoing trade conflict. The U.S. will reduce duties on Chinese goods to 30%, while China will lower its tariffs on U.S. goods to 10%. Both nations describe this as a "mutually beneficial" move aimed at fostering more constructive negotiations.