The USA and China have reached an agreement for a 90-day trade truce, during which both sides will temporarily reduce tariffs: the USA will lower tariffs on Chinese goods from 145% to 30%, while China will reduce tariffs on American imports from 125% to 10%. This decision was made after intense negotiations in Geneva and is aimed at reducing tension in trade relations and stabilizing the global economy. After the tariff reductions, a mechanism will be established for further discussions on economic and trade issues involving high-ranking officials from both countries. Markets reacted positively to this news, indicating hopes for an improvement in global trade.