#TradeWarEases It looks like there's been a positive development in the trade war front. China has granted tariff exemptions on certain US imports, signaling a shift in its approach to the ongoing trade war with the United States ¹. This move follows positive comments from Washington and reflects Beijing's concerns over the economic impact of the trade tensions.

The easing of trade war tensions is a welcome relief for the global economy, which has been facing the threat of a worldwide recession due to the trade conflicts ². The trade war has also led to higher prices and reduced economic growth in several countries.

While there's still a long way to go in resolving the trade disputes, this development is a step in the right direction. As financial markets pin their hopes on a de-escalation in the US-China trade war, some experts caution that meaningful progress in striking a deal between the world's two largest economies may take time ³.