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U.S. and China cut tariffs for 90 days, aiding American businesses and holiday sales.
The U.S. and China have agreed to temporarily reduce tariffs, creating a 90-day window for American businesses to restock inventories.
Major retailers like Walmart and Target are now placing orders with Chinese suppliers, previously deterred by high tariffs.
This move aims to bolster holiday sales and stabilize supply chains, with potential impacts on global trade and economic stability.
The tariff reduction could extend beyond the initial 90 days, benefiting stock markets and fostering bilateral cooperation.
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Estados Unidos y China recortaron los aranceles por 90 días, ayudando a las empresas estadounidenses y a las ventas navideñas.