#TradeWarEases As of today, **Tuesday, May 13, 2025**, there are reports indicating an easing of trade tensions between the US and China. Following talks in Geneva, both countries have agreed to a **90-day pause** on some of the tariffs imposed earlier.

The US will reduce its tariffs on Chinese goods from 145% to **30%**, while China will lower tariffs on US goods from 125% to **10%**. This temporary rollback aims to de-escalate the trade war and allow for continued negotiations.

This development has been met with cautious optimism in global markets, with some seeing it as a positive step towards more stable trade relations. However, significant tariffs remain in place, and the long-term impact is still uncertain. The agreement also includes China suspending some non-tariff countermeasures.