#TradeWarEases ?? WHAT is it? 👇🏽👇🏽👇🏽

On May 12, the United States and China agree to a 90-day trade truce, drastically reducing tariffs: from 145% to 30% by the U.S. and from 125% to 10% by China. The pact, announced in Geneva, eases years of tensions and unleashes a wave of optimism in the markets. The Dow Jones rises +1,100 points and the Nasdaq records record gains. Although the agreement is temporary, it is a sign of de-escalation that could boost global trade. Is this the beginning of the end of the trade war?