#贸易战缓和 China will reduce tariffs on American goods from 125% to 10%, and the U.S. will also lower tariffs on Chinese goods from 145% to 30%, and these new tariffs will be implemented for 90 days! This trade war is finally coming to an end!
As soon as the news came out, U.S. stocks surged tonight! Just think about it, when tariffs were high before, many businesses struggled, costs were high, and profits were low. Now that tariffs have been reduced, the cost for businesses has decreased, and profit margins have increased, how could U.S. stocks not rise?
However, there are also some regrettable aspects. Tariffs can be canceled, and the market can recover, but many people had to sell their stocks early or close their positions because the market was not good. Now, even if the market improves, those positions cannot be recovered, which is truly unfortunate.