#TradeWarEases

China and the United States reach an agreement to reduce tariffs for 90 days.

Washington will reduce trade tariffs on Chinese products from 145% to 30%. Beijing will do so from 125% to 10%.

China and the United States have just sealed a 90-day truce in the trade war, reducing tensions between the two superpowers of the planet. Following the high-level meeting held this weekend in Geneva (Switzerland), Washington and Beijing have decided to substantially cut the mutual tariffs that had been imposed.