#TradeWarEases The U.S. and China have agreed to a 90-day truce in their escalating trade war, rolling back recent significant tariff increases to reopen negotiations. The U.S. will reduce its tariff on Chinese goods from 145% to 30%, while China will lower its tariffs on U.S. goods from 125% to 10%.

This development has positively impacted financial markets, with the Dow Jones Industrial Average rising by 1,044 points (2.5%), the S&P 500 by 2.9%, and the Nasdaq by 4%.

In the cryptocurrency market, Bitcoin is currently trading above $104,000, reflecting investor optimism.

While this agreement offers a temporary reprieve, underlying issues remain unresolved, and analysts caution that the long-term outcome of the talks is uncertain.

Stay informed on how these developments may continue to influence global markets and the crypto landscape.