#TradeWarEases The trade war between the United States and China is easing thanks to a historic agreement between the two countries. Here’s what’s happening¹² :

- *Reduction of tariffs* : The United States will reduce tariffs on Chinese products from 125% to 10%, while China will reduce tariffs on American imports from 145% to 30%.

- *Temporary suspension of 90 days* : Both parties have agreed to a temporary suspension of 90 days for the implementation of new trade measures, aimed at achieving a trade balance.

- *Market reaction* : Wall Street celebrates the "truce", with the S&P 500 index rising by 2.7% to surpass 5800 points. The Nasdaq 100 index, dominated by technology companies, rose by 4% to exceed 20700 points, with companies like Amazon, Apple, and Tesla making significant gains. - *Global impact* : The agreement is expected to ease pressures on emerging economies, including Egypt, which is closely monitoring developments. Egypt's Minister of Planning and Economic Development, Rania el-Mashat, believes that the trade agreement will bring stability to the global market and support economies.