the U.S. and China have agreed to a 90-day reduction in tariffs, easing trade tensions significantly. The U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on U.S. goods from 125% to 10%. This move has sparked major rallies in global markets, with the Dow Jones jumping over 1,000 points. The agreement also signals broader cooperation, including a joint call for peace between India and Pakistan.
