U.S. Trade Secretary Scott Bessent praised the newly agreed upon tariff reductions between the U.S. and China during his recent statements. Bessent emphasized that both nations aim to avoid a decoupling of their trade relationship. The temporary reductions will be in place for 90 days, reflecting a commitment to continued negotiations. The agreement is critical for fostering a more cooperative atmosphere between the two largest economies. Analysts believe this will help boost investor confidence and translate into positive market momentum. As trade negotiations progress, market participants will closely monitor developments. The goal remains a solidified trade agreement that benefits both countries and the global economy.