#TradeWarEases After high-level trade negotiations in Geneva, the United States and China have reached a major agreement to ease trade tensions. Effective immediately, both countries will roll back most of the steep tariffs implemented since April. U.S. tariffs on Chinese imports will drop from 145% to 30%, while China will cut its duties on American goods from 125% to 10%.

The deal also includes a 90-day freeze on any new tariff hikes, representing a key move toward de-escalating the ongoing trade conflict that has rattled global markets. Although the U.S. will maintain a base tariff rate of 20% from earlier measures, the substantial reductions provide relief for businesses and consumers in both nations. Talks will continue in pursuit of a broader and lasting agreement.