US, China trade truce comes into effect bringing short-term relief for markets

A truce ending a 90-day trade war between The United States and China came into effect on Wednesday, offering short-term relief to global markets. Under the new agreement the two superpowers slashed steep duties which had been hiked to well over 100 percent.

May 14, 2025 - 07:00
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US, China trade truce comes into effect bringing short-term relief for markets
A truce ending a 90-day trade war between The United States and China came into effect on Wednesday, offering short-term relief to global markets. Under the new agreement the two superpowers slashed steep duties which had been hiked to well over 100 percent.

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