#TradeWarEases

The trade tensions refer to a decline in tensions and trade restrictions between countries. Currently, it appears that there are some discussions between the United States and China aimed at de-escalating the situation, but the expectations for a significant breakthrough remain low. In contrast, the United States and the United Kingdom have reached a trade agreement that alleviates concerns about recession. However, the American tariffs still impose financial pressures on small businesses and lead to rising unemployment rates in some countries like Canada. Overall, any real easing of the trade war could reduce pressure on the global economy and improve supply chains.