$BTC

1. **Tariff Reductions and Temporary Truce**

The U.S. and China agreed to slash tariffs for a 90-day period, marking a notable pause in tensions. The U.S. will lower tariffs on Chinese imports from 145% to 30%, while China reduces its tariffs on U.S. goods from 125% to 10% . This includes a separate 20% U.S. tariff on fentanyl-related imports, keeping the total U.S. rate at 30% . The agreement is framed as a "ceasefire," allowing both nations to negotiate further without immediate economic disruption .