The U.S. and China agreed to reduce tariffs for 90 days, pausing the trade war and boosting global stock markets. U.S. tariffs will drop from 145% to 30%, and China’s from 125% to 10%.

While markets cheered the move, uncertainty remains. Core issues like trade imbalances, subsidies, and the fentanyl crisis remain unresolved. Businesses are cautious despite the relief.

Some companies are resuming shipments but remain wary of long-term policy shifts.