#TradeWarEases
The recent easing of the U.S.-China trade war has sparked significant optimism across global markets.
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🔧 Key Developments
On May 12, 2025, the United States and China agreed to a 90-day truce, reducing tariffs to foster further negotiations.
U.S. Tariffs: Reduced from 145% to 30% on Chinese imports.
Chinese Tariffs: Lowered from 125% to 10% on U.S. goods.
This agreement, achieved during talks in Geneva, aims to alleviate economic tensions and pave the way for a more comprehensive trade deal.
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📈 Market Reactions
The announcement led to a substantial rally in financial markets:
Dow Jones Industrial Average: Surged by 1,160 points (2.8%).
S&P 500: Increased by 3.3%.
Nasdaq Composite: Jumped by 4.4%.
These gains represent the most significant single-day increases since April 9.
Technology and retail sectors, including companies like Apple, Amazon, Dell, and Best Buy, experienced notable stock price increases.
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🌍 Broader Implications
The truce has also influenced global commodity markets:
Brent Crude Oil: Prices rose above $65 per barrel.
Gold: Prices fell by 2.5%.
U.S. 10-Year Treasury Yields: Reached a one-month high of 4.43%.
Additionally, both nations have expressed a commitment to fostering peace in South Asia, jointly calling for a ceasefire between India and Pakistan.
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⚠️ Remaining Challenges
Despite the positive developments, certain tariffs remain:
Steel, Aluminum, and Automobiles: U.S. tariffs of 25% continue to apply.
Fentanyl-Related Imports: A separate 20% U.S. tariff remains unchanged.
Economists caution that while the truce offers temporary relief, the underlying