💨 Abstract

In a significant development, the U.S. and China announced a 90-day truce in their trade war, reducing tariffs on each other's goods. The U.S. will cut tariffs on Chinese goods to 30%, and China will drop tariffs on U.S. goods to 10%. This truce led to a boost in Asian and U.S.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖