#TradeWarEases On May 12, 2025, the United States and China agreed to a 90-day pause in their trade war, significantly reducing tariffs: the U.S. lowered rates from 145% to 30%, and China from 125% to 10%. This breakthrough, achieved during talks in Geneva, aims to ease tensions and foster further negotiations. Global markets responded positively, with U.S. futures rising over 2% and Asian equities rallying. While the agreement marks substantial progress, analysts caution that unresolved issues remain, and the tariff reductions are temporary.