Trump Strikes Trade Deal With China, Reducing Tariffs Amidst Market Uncertainty

President Trump announced a significant trade agreement with China aimed at easing tariffs and reducing tensions in their relationship. This deal sees the US-China tariff reductions by 115%, implemented for a temporary 90-day period. The agreement also includes a suspension of retaliatory measures against U.S. goods, potentially opening doors for smoother negotiations and trade flow between the nations.