#TrumpTariffs #TrumpTariffs

The Trump administration imposed new tariffs of 145% on imports from China, to which Beijing responded with tariffs of 125%.

This led to a decline in the US dollar and increased tensions in the financial markets.

On May 12, 2025, a temporary trade truce lasting 90 days was reached, during which tariffs were reduced to 30% on the US side and 10% on the Chinese side.

This truce contributed to a partial recovery of the dollar and the Chinese yuan.

The outlook remains unclear, and a return to previous exchange rates depends on the continuation of the de-escalation or a renewal of tensions.