#TradeWarEases Recently, the trade war between the US and China showed signs of easing. In negotiations in Geneva, both countries agreed to mutually reduce tariffs, with the US lowering from 145% to less than 60% and China easing its rates. This 90-day truce, announced on May 9, 2025, boosted global markets, with technology stocks rising. China is also considering easing rare earth exports, crucial for technology. Despite the optimism, experts warn that a complete agreement may require more rounds of negotiations. The de-escalation is seen as a first step to stabilize the global economy, but uncertainties persist.
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