#TradeWarEases In a landmark move, the United States and China have agreed to a 90-day tariff truce, significantly lowering tariffs on each other’s imports. The US will reduce tariffs on Chinese goods from 145% to 30%, while China will cut its tariffs on US goods from 125% to 10%. This unprecedented easing of trade tensions is being hailed as a major victory for Donald Trump, who is likely to leverage this win politically as elections approach.