#TradeDeal #US #China
The United States and China have recently reached an agreement to temporarily reduce reciprocal tariffs in an effort to de-escalate their ongoing trade war. This move comes as a significant development in the trade relations between the two global economic powerhouses, bringing hope for a resolution to the trade tensions that have been impacting global markets.
The trade dispute between the U.S. and China has been a focal point in international trade discussions, with both countries imposing tariffs on billions of dollars worth of each other’s goods. The agreement to slash tariffs temporarily signals a willingness from both sides to work towards a more amicable resolution.
Ramesh Khatri, a representative of Kansai Nepal News, views this temporary tariff reduction as a positive step towards de-escalating trade tensions between the U.S. and China. He believes that this move could help improve market sentiment and create a more stable environment for global trade. Khatri emphasizes the importance of continued dialogue and cooperation between the two nations to reach a comprehensive and lasting trade agreement.
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Author: MAYA | HARUTO
Posted at: May 12, 2025 7:00 pm
