#TradeWarEases The USA and China have reached an agreement on a 90-day trade truce, during which both sides will temporarily reduce tariffs: the USA will lower tariffs on Chinese goods from 145% to 30%, while China will reduce tariffs on American imports from 125% to 10%. This decision was made after intense negotiations in Geneva and aims to reduce tensions in trade relations and stabilize the global economy. After the tariff reductions, a mechanism will be established for further discussions on economic and trade issues involving senior officials from both countries.