U.S.–China Trade Framework Signed.
Officials emphasize 'framework' to indicate ongoing negotiations and flexibility.Reuters
Markets poised to react; S&P 500 futures up 2.6%, Dow Jones futures up 2%.AP News
90-day period intended as a temporary de-escalation of trade tensions.Reuters
U.S. and China agree to a 90-day tariff reduction, lowering U.S. tariffs from 145% to 30%, and Chinese tariffs from 125% to 10%.AP News
Key sectors affected: semiconductors, agriculture, electric vehicles, and clean energy technologies.Reuters
Estimated $84 billion in trade flow restored between U.S. and China.Reuters