#TradeWarEases

Sadou Eyal al-Haram

A historic trade truce between the US and China... Is this the beginning of the end?

Finally, after months of tension and uncertainty, the United States and China have agreed to a 90-day trade truce, aimed at breaking the deadlock and paving the way for a comprehensive agreement.

Details of the agreement:

The US reduces tariffs on Chinese goods from 145% to 30%.

China reduces retaliatory tariffs on US exports from 125% to 10%.