🩵Taxes drop dramatically, the world applauds

On May 12, 2025, like a plot twist in a Hollywood movie, the United States announced a "dizzying" reduction in tariffs on Chinese goods from 145% to 30%. Not willing to give up, China also played fair, lowering tariffs on US goods from 125% to 10%.

This tax cut is like a fever reducer for the global economy. The US stock market danced like a disco party, with Amazon, Apple, and Tesla stocks skyrocketing.

🩵What awaits us?

This agreement is not just about tax reduction but also opens up hope for consumers around the world, especially in Vietnam, where American and Chinese goods are flooding the market. Phones, clothes, and electronics may be a little cheaper (but don't be too happy, because 90 days go by quickly!). Big companies like Maersk and LVMH in Europe are also celebrating because their Chinese goods will no longer be stuck by huge tariffs.

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