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flag US and China agree to lower tariffs for 90 days, offering temporary relief to businesses.

flag US and China have agreed to temporarily lower tariffs on each other's goods for the next 90 days. flag The US tariff on Chinese imports will drop from 145% to 30%, and China's tariff on US goods will fall from 125% to 10%. flag This move provides some relief to businesses but prolongs uncertainty, causing a rush to ship goods before the tariffs potentially rise again. flag Business owners like Jay Foreman and Jonathan Silva are now scrambling to produce and ship more products to avoid higher costs. flag However, this uncertainty is also pushing companies to explore alternative manufacturing locations outside of China.

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