US China fee 90 days – US reduced Chinese charges, early 90 -day relief shines in the world, do you know Donald Trump said? – US and China suspends 90 days of payment war

The fee war stopped between the US and China for 90 days. After this, a boom was recorded on the global stock markets on Monday. There was a huge rise in markets around the world, which has been postponed for a few days fears of global recession.

What was the impact on the market?

The 90-day relief in the US-China trade war brought a good news after a long time to the US stock market. The S&P 500 closed its highest position after March 3, and after February 28, the Nastak code closed its highest ball.

Investors have returned the trust by using brakes in the fee war. The dollar has been strengthened and gold prices are recorded.

Due to the fee war, $ 600 billion has been halted between the two countries.

What is the agreement between the United States and Kina?

For the next 90 days, the US has reduced the imports of sugar to 30 percent. Earlier, 145 percent of the fees were charged.

China has reduced the tariffs by 10 percent on goods from the US. It had previously put 125 percent of the fees.

However, the temporary agreement between the two countries did not end the differences. The issue has not been resolved as the fee is imposed. Due to trade deficit with China, the US waged a fee war. Moreover, US President Donald Trump’s request to take additional action from Beijing in the Fentanel case.

https://www.youtube.com/watch?v=YZ4PNSB6GAQ

Read: ‘India agrees to zero its fees on the US’, President Trump’s big claim

Both countries stand in agreement

In the US-China trade relationship, Donald Trump said this is very good. Trump is considering his victory for a fee with China. However, some experts had to retreat, as it causes a huge loss to the United States, and that investors’ confidence is declining. After the fee war began, small traders were disturbed by expensive goods and increasing costs.

Chinese government media reports that Beijing is strongly stubborn of its basic policies. He has opened the doors for the best and more cooperation with the United States.

This statement in China shows that Beijing wants to soften the business with the United States and wants to progress through conversation, which is quite different from the bitter conflict language a week ago.

Input: News Agency Reuters and AFP