#TrumpTariffs

The #TrumpTariffs saga continues to shape global trade dynamics. A recent 90-day tariff truce between the U.S. and China reduced duties from 145% to 30% on U.S. imports and from 125% to 10% on Chinese goods, easing market tensions. This move has alleviated inflationary pressures, with JPMorgan lowering the U.S. recession risk to below 50%. However, sectors like manufacturing and agriculture still grapple with the lingering effects of previous tariffs. While the temporary relief is welcomed, long-term solutions remain uncertain as businesses navigate the evolving trade landscape. #TradePolicyUpdate