As of #贸易战缓和 , the current China-U.S. trade war has indeed eased somewhat. According to the latest reports, the two countries reached an important agreement during high-level talks held in Geneva, Switzerland, agreeing to significantly reduce tariffs on each other’s goods within 90 days. Specifically, the United States will lower tariffs on Chinese goods to 10%, while China will also reduce tariffs on American goods to 10%.

The conclusion of this agreement marks a temporary pause in the trade war that has lasted for several years. Both sides also indicated that they would establish mechanisms to continue negotiations on economic and trade relations.

This news boosted global markets, with the dollar surging and government bonds being sold off.

In addition, the U.S. Secretary of Commerce stated that the U.S. will launch several trade agreements next month, looking forward to further easing relations with China. This series of measures demonstrates that both countries are seeking more cooperation and compromise on trade issues.

However, despite the current easing of the trade war, uncertainties still exist in the long-term trade relations between the two sides. Economists point out that while market confidence has improved in the short term, long-term 'tug-of-war' risks still remain.