In a major breakthrough for international trade, the United States and China have agreed to significantly reduce tariffs on each other’s goods for the next 90 days — a move seen as a step toward de-escalating economic tensions and boosting global market confidence.
Key Changes:
US Tariffs on Chinese Goods: Reduced from a steep 145% to 30%.
China’s Tariffs on US Imports: Lowered dramatically from 125% to just 10%.
This temporary relief aims to ease inflationary pressures, stimulate trade flows, and create a more stable economic environment for manufacturers, exporters, and consumers alike.
What’s Next? While the 90-day window is promising, it remains uncertain whether both sides can sustain this diplomatic momentum and transition toward a long-term agreement. Markets will be watching closely for follow-up negotiations and any signs of renewed friction or further cooperation.
Global Implications:
Supply chains may improve.
Commodity prices could stabilize.
Export-driven economies might see a short-term lift.
Stay tuned — the next three months could redefine the
future of global trade.