#TradeWarEases

The U.S.-China trade war has officially eased after both countries agreed to slash tariffs on each other's goods. The U.S. will reduce tariffs on Chinese imports to 30% from 145%, while China will cut its levies on U.S. goods to 10% from 125%2.

Market Impact:

Stock markets surged, with consumer discretionary stocks leading gains.

Emerging markets are still feeling pressure, but a weaker U.S. dollar is helping ease risks5.

Global trade outlook has improved, with analysts expecting economic growth to stabilize.

This agreement marks a major de-escalation in tensions, but long-term trade relations remain uncertain