Market Update: U. S and China Reach Substantial Trade Framework , Easing Tariff Concen

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U.S. Treasury Secretary Scott Bessent has announced that the United States and China have reached a “substantial” trade framework. This development could potentially ease trade tensions and make the proposed 100% tariffs by former President Trump unnecessary.

If finalized, this agreement may mark a significant step toward stabilizing economic relations between the two largest economies in the world.