#TradeWarEases Under the agreement, effective May 14th, US tariffs on many Chinese goods will drop substantially from 145% to 30%, while China will lower its tariffs on US goods from 125% to 10%. This temporary reduction offers much-needed breathing room for businesses and could help stabilize markets rattled by recent tensions.
While it's a 90-day measure, this move signals a crucial shift towards negotiation. A positive step!