#TradeWarEases The United States and China have reached an important agreement to ease the ongoing trade war by significantly reducing tariffs over the next 90 days. Following high-level talks in Geneva, the U.S. will reduce tariffs on Chinese goods from 145% to 30%, while China will cut its tariffs on U.S. imports from 125% to 10%.

This development has positively impacted global markets. U.S. futures rose, with S&P 500 futures up 2.8%, and the U.S. dollar strengthened by 0.7%. Conversely, gold prices fell by 2.3%, indicating a shift in investor sentiment towards riskier assets.

The agreement also includes the establishment of a new trade consultation mechanism to guide future negotiations. Although tariffs related to fentanyl remain in place, both countries have expressed their commitment to continue dialogue and maintain a balanced trade relationship.

President Trump described these talks as a "total reset" that took place in