#TradeWarEases

A Breakthrough in the Trade War Between the United States and China

The United States and China have reached an important agreement to reduce tariffs for 90 days, marking a significant easing in the trade war between the two countries.

The United States will reduce tariffs on Chinese goods from 145% to 30%.

China will lower tariffs on American imports from 125% to 10%.

Immediate Impact:

Global financial markets surged: The "Dow Jones" index jumped more than 1100 points, and the S&P 500 and Nasdaq indices recorded strong gains.

Shares of technology and retail companies such as Apple, Amazon, and Best Buy saw notable increases.

Official Statements: The U.S. Treasury Secretary described the negotiations as "extremely fruitful," indicating the possibility of reaching a comprehensive trade agreement soon. However, the tariffs imposed on fentanyl imports from China (20%) remain unchanged.

Warnings: Despite the easing, core tariffs remain high and may affect upcoming economic data. The U.S. economy has already experienced a slowdown in the first quarter of 2025 due to the trade war.

Next Steps: Experts believe that this temporary agreement may open the door to a permanent agreement, but its success depends on the continued easing over the next three months.