- The U.S. and China have agreed to a 90-day pause in escalating tariffs. By reducing rates by 115%, they offer markets a temporary reprieve and signal a potential shift toward de-escalation in trade tensions. While some view this as a clean-up of earlier chaotic policies, analysts see it as a step toward broader negotiations that could stabilize markets and ease fears of stagflation and recession.
Scott Bessent has at last got some good news for markets when it comes to U.S.-China relations: Both nations have agreed to a 90-day pause on tariffs with rates moving down 115%.
