Part 2/12:
The US President declared the talks very positive, emphasizing significant progress, while the US Treasury Secretary highlighted the productive nature of the discussions. Rumors swirling around suggested that the US might consider reducing tariffs on Chinese goods from 145% to 50%, and even more promising, confirmed reductions to 30% from 145% for 90 days. Meanwhile, China agreed to lower its levies from 125% to just 10%. Such a trade framework offers a near-permanent-like stability, even if officially a pause, decimating prior uncertainties.