#TradeWarEases The United States and China have agreed to significantly ease their trade war by reducing most tariffs for a 90-day period, following constructive negotiations in Geneva. Under the agreement, U.S. tariffs on Chinese imports will drop from 145% to 30%, while China will lower its tariffs on U.S. goods from 125% to 10%, effective immediately. This temporary reduction is intended to provide short-term relief to global markets and allow both sides to continue trade talks in a more cooperative atmosphere.
The announcement has already sparked a positive response in financial markets, with stock indices in Hong Kong, Europe, and the U.S. rising on the news. While the deal marks a notable de-escalation and offers immediate economic relief, analysts caution that it does not fundamentally resolve the deeper issues in U.S.-China relations, and the risk of renewed tensions remains once the 90-day period ends. Both governments have emphasized the importance of ongoing dialogue and mutual respect as talks continue