#USChinaTradeTalks This is the result of the May agreement in Geneva, which provided for a 90-day suspension of most high tariffs: the US reduced them to 30%, China to 10%. However, both sides have already accused each other of violating the agreements.

Key disagreements remain: the US criticizes China over minerals and chips, while China criticizes the US over visas. Experts view this as a "pause in escalation" rather than a resolution of conflicts. Global markets are responding to this uncertainty.