<ul><li>The U.S. and China agreed to suspend most tariffs on each other's goods for 90 days, signaling reduced trade tensions.</li><li>Reciprocal tariffs reduced from 125% to 10%, leaving a total tariff rate of 30% on China.</li><li>Investors responded positively to the news of tariff reprieve, with experts calling it a substantial de-escalation in the trade war.</li><li>The agreement includes continued discussions on economic and trade policy, with a focus on strategic decoupling from China for certain necessities.</li></ul>

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough

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