#TradeWarEases The U.S. and China have agreed to a significant de-escalation of their trade war, implementing a 90-day tariff truce that has energized global markets.

Key Details of the Agreement

Tariff Reductions: The U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will reduce its tariffs on U.S. goods from 125% to 10%. However, a separate 20% U.S. tariff related to the fentanyl crisis remains in place.