#TradeWarEases What is happening and why is everyone talking about it?

The United States and China have lowered the tariffs that have been in place for years. This means one thing: less trade war and more trade between them.

The U.S. lowered tariffs on Chinese products (from 145% to 30%).

China did the same with U.S. products (from 125% to 10%).

This agreement is temporary (90 days), but it is already having an impact.

Why does it matter?

Because when the two largest economies in the world get along better, the markets calm down: stocks rise, global trade improves, and even cryptocurrencies can move with more confidence.