$BTC Announcement of a significant ceasefire in the trade war between the United States and China after a successful round of negotiations held in Geneva. Here are the highlights of the agreement:

Reduction of tariffs for 90 days:

The United States will reduce tariffs on Chinese goods from 145% to 30%.

China will reduce tariffs on American goods from 125% to 10%.

The aim of this step is to provide a time opportunity for deeper and more comprehensive negotiations.

Exemption of certain issues:

Tariffs related to fentanyl (a dangerous narcotic) were not included in this agreement and are still being negotiated separately.

Market reaction:

Global markets responded positively.