**Trade War Eases as US and China Announce Major Tariff Reductions**
In a significant step toward de-escalating trade tensions, the United States and China have agreed to temporarily reduce tariffs on each other's goods. The US has announced a cut in tariffs on Chinese imports from 145% to 30%, while China has lowered duties on American products from 125% to 10%.
This mutual reduction is set to last for 90 days, during which both sides aim to restart negotiations and work toward a more stable trade relationship. The move comes amid growing pressure from global markets and international stakeholders urging the world’s two largest economies to ease hostilities and restore economic cooperation.
The temporary tariff rollback is expected to provide relief to businesses and consumers affected by the prolonged trade conflict, while also signaling a potential thaw in bilateral relations. Analysts caution, however, that lasting progress will depend on the outcomes of the upcoming talks and whether structural trade issues can be resolved.