#TradeWarEases
Historic Trade Truce Between America and China... Is It 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 providing an opportunity for a comprehensive agreement.
Details of the agreement:
America reduces tariffs on Chinese goods from 145% to 30%.
China reduces retaliatory tariffs on American exports from 125% to 10%.
The agreement came after intensive negotiations in Geneva, described by delegations as "frank and constructive," amidst cautious welcome from markets and businesses.
Why does this matter to you?
Lower tariffs = Reduced production costs and a global economic breath of fresh air.
But! The opportunity is limited… only 90 days before the conflict file is reopened again.
What’s the takeaway for the investor? This calm is a "warrior's respite," and the coming weeks may hold great opportunities or potential shocks… Keep a close eye on the scene.
#Global_Economy #International_Trade #Financial_Markets #أمريكا_الصين