#TradeWarEases

⚡ Earthquake in the markets.. Historic agreement between America and China on a tariff mechanism ⚡

- U.S. stock futures rose on Monday after the announcement that the United States and China reached an agreement to significantly reduce their overall tariffs.

- Dow Jones futures rose by 785 points, or 1.9%, and S&P 500 futures increased by 142 points, or 2.5%, while Nasdaq 100 futures gained 689 points, or 3.4%.

- The United States and China agreed to halt the escalation of tariffs imposed on each other for 90 days, as Washington reduced its tariffs on China to 30% and Beijing cut its tariffs on U.S. imports to 10%, according to a rare joint statement issued by the two countries following high-level trade talks over the weekend.