#TradeWarEases
Breaking News: Trade war tensions ease as the US and China agree to significantly reduce tariffs for 90 days following productive talks in Geneva. The US will lower tariffs on Chinese goods to 30%, while China will reduce levies on US imports to 10%. This move has been welcomed by global markets, signaling a potential de-escalation in the prolonged trade dispute. Both nations emphasized the importance of their economic relationship and established a mechanism for continued discussions. This temporary reprieve offers a window for further negotiations towards a more sustainable trade agreement.
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