#TradeWarEases #TradeWarEases | US-China Trade Agreement Highlights
Tariff Cuts Incoming:
USA will reduce tariffs on Chinese goods from 145% → 30% in the next 90 days. In return, China will slash tariffs on US imports from 125% → 10%. (Source: Financial Times)
New Economic Dialogue Channel:
Both countries will launch a joint platform to handle long-term cooperation and fix deep-rooted structural issues. (Source: Reuters)
Markets Loving It:
Global markets reacted fast:
S&P 500 futures up 2.8%
USD gains 0.7%
Gold drops 2.3% (Source: Financial Times)
Quick Recap:
Earlier this year (2025), the US raised tariffs on Chinese goods to 145%—China fired back with 125% tariffs. This deal finally cools off those heated trade tensions.