$BTC The U.S. and China have agreed to a significant 90-day suspension of tariffs, marking a notable easing in their ongoing trade war. Following two days of high-level negotiations in Geneva, both countries announced a mutual reduction in duties, with U.S. tariffs on Chinese goods decreasing from 145% to 30%, and China's tariffs on U.S. goods dropping from 125% to 10%. This temporary truce aims to create space for further negotiations and stabilize global markets .

The announcement led to a surge in global financial markets. U.S. stock indices, such as the S&P 500 and Nasdaq, experienced significant gains, with futures climbing up to 3.5%. The U.S. dollar strengthened, and yields on 10-year Treasury bonds