#TradeWarEases

The world received good news — the USA and China have agreed on a 90-day reduction of tariffs!

American tariffs on Chinese goods have been reduced from 145% to 30%, and Chinese tariffs from 125% to 10%.

This has given a strong boost to the stock markets: the Dow Jones jumped by more than 1,100 points, and the shares of giants Apple, Amazon, and Nvidia rose sharply.

Although the agreement is temporary, it is an important step towards stabilizing the global economy.

Time will tell whether the countries will be able to achieve a long-term compromise. In the meantime, the markets are celebrating.