#TrumpTariffs

1/ 🚨 BREAKING: U.S. & China Agree to 90-Day Tariff Truce

After months of escalating trade tensions, both nations have agreed to a 90-day pause, significantly reducing tariffs to facilitate renewed negotiations. 

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2/ 🇺🇸 U.S. Tariff Reductions

• Tariffs on Chinese goods reduced from 145% to 30%.

• “De minimis” tariffs on small parcels lowered from 120% to 54%, impacting e-commerce platforms like Shein and Temu.  

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3/ 🇨🇳 China’s Reciprocal Measures

• Tariffs on U.S. goods decreased from 125% to 10%.

• Suspension of additional 91% duties that were previously scheduled.  

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4/ 📈 Market Reactions

The announcement led to a surge in global markets:

• Wall Street analysts revised recession odds downwards.

• Positive impacts observed in sectors like automotive and technology. 

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5/ 🛍️ E-commerce Implications

The reduction in “de minimis” tariffs offers relief to Chinese e-commerce retailers, potentially stabilizing cross-border online shopping dynamics. 

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6/ 🔮 Looking Ahead

While the 90-day truce provides temporary relief, long-term resolutions remain uncertain. Both nations aim to utilize this period to negotiate a more sustainable trade agreement. 

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Stay tuned for further updates as negotiations progress.

#USChinaTrade #TariffTruce #GlobalEconomy #Ecommerce #TradeNegotiations