#TradeWarEases

On May 12, 2025, the United States and China reached a significant agreement to ease their ongoing trade war by mutually reducing tariffs for a 90-day period. The U.S. will lower tariffs on Chinese goods from 145% to 30%, while China will reduce its tariffs on U.S. imports from 125% to 10%. This temporary truce, effective until August 10, aims to provide relief to businesses and consumers affected by the prolonged trade tensions .