#贸易战缓和

The China-U.S. negotiations have been successful!

China will reduce tariffs on U.S. goods from 125% to 10%, and the U.S. will also reduce tariffs on Chinese goods from 145% to 30%. Moreover, these new tariffs will be implemented for 90 days! The tariff war is finally coming to an end!

As soon as this news came out, U.S. stocks surged tonight! Think about it, when the tariffs were high, many businesses struggled, costs were high, and profits were low. Now that tariffs have been reduced, costs for businesses are lower, and profit margins are larger. How could U.S. stocks not rise?

However, there are also some regrettable aspects. Tariffs can be canceled, and the market can recover, but many people had to sell their stocks or clear their positions early because the market was not good before. Now, even though the market is better, those positions cannot come back, which is really a pity.