China ASKED for an agreement with Trump! Simply that!
Javeria Jacko
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🚨 🚨 Big News Trump Eases China Tariffs 📉 Former President Donald Trump has just announced a significant cut in tariffs on Chinese imports and the markets are reacting fast
🔹 What’s Going On Trump is scaling back tariffs on Chinese goods marking a sharp shift from his previous tough stance The decision follows pressure from major US retailers and concerns over inflation While the tariffs aren’t gone completely they’re being substantially reduced from the previous 145 percent
🔹 Why It Matters China had retaliated with 125 percent tariffs on US products This move may signal steps toward easing trade tensions Trump hinted the decision could even support a better TikTok deal for the US Retail giants like Walmart and Home Depot had been pushing for relief to avoid shortages and rising prices
🔹 Market Reaction Investors celebrated the S&P 500 jumped Tech and manufacturing sectors are expected to benefit Experts caution that some uncertainty will remain during ongoing negotiations
🔹 The Takeaway This shift could reshape US China trade relations reduce supply chain pressure and boost business confidence
#MarketMoves #USChinaTrade
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