#USChinaTradeTalks

🇺🇸🇨🇳 #USChinaTradeTalks

Here’s a fresh update on the latest developments from the U.S.–China trade negotiations:

🕊️ Major Agreements & a Temporary Truce

📅 May 12 – Geneva Truce

Both countries agreed to a 90-day ceasefire on tariffs. Key changes include:

🔽 The U.S. reduced its average tariffs on Chinese goods from ~145% ➡️ ~30%

🔽 China cut its tariffs from ~125% ➡️ ~10%, excluding specific sectors and fentanyl-related items.

💥 This "total reset" sparked a short-term rally in global markets 📈, boosting investor confidence

#USChinaTariffs