#TradeWarEases

The recent U.S.-China trade agreement has significantly eased global market tensions. The U.S. and China have agreed to reduce tariffs for 90 days, with the U.S. lowering tariffs on Chinese goods to 30% and China reducing tariffs on U.S. goods to 10%. This move has led to a surge in global stock markets, with the Dow Jones Industrial Average soaring over 1,100 points. Investors are optimistic about the potential for a comprehensive trade agreement in the coming weeks. However, economists caution that elevated base tariffs may continue to impact economic data.