Trade Truce: U.S. and China Reduce Key Tariffs Despite Remaining Challenges
In an important diplomatic move, China and the U.S. have reached a trade truce effective Wednesday, reversing most tariffs and other retaliatory measures that have characterized their economic relations. This agreement presents a critical opportunity for both countries to align economically while addressing lingering issues that still affect bilateral negotiations. Investors should remain vigilant as they assess the long-term impact of this agreement on trade balances and the global economy.