#USChinaTradeTalks The US-China trade talks have resulted in a significant development, with both countries agreeing to reduce tariffs and ease trade tensions. Here are the key outcomes¹ ² ³:
- *Tariff Reduction*: The US will lower tariffs on Chinese goods from 145% to 30% as part of a 90-day pause in trade talks.
- *Removal of Retaliatory Tariffs*: China will remove tariffs imposed since April 4, 2025, and suspend or remove non-tariff countermeasures taken against the US.
- *Market Reaction*: The agreement has boosted stocks, with the S&P 500 reaching its highest level since March 5.
- *Trade Truce*: The deal aims to ease trade tensions and promote a more stable economic relationship between the two nations.
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