After months of back-and-forth tariff wars that left markets jittery and businesses scrambling, the U.S. and China announced a temporary halt in their trade war, agreeing to slash tariffs sharply for 90 days. Both sides sought a breather after this whirlwind weekend deal in Geneva.
But before you pop the champagne, remember: we’ve seen this movie. These two giants’ trade truces usually come with caveats and fine print, and their diplomatic thaw can freeze again instantly. Keep one eye on the clock—and the other firmly on the details—as markets breathe a sigh of relief.
