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flag US, China agree on 90-day tariff truce, but long-term damage to business ties persists.

flag The US and China have agreed to temporarily reduce tariffs, part of a 90-day de-escalation period. flag Despite this, long-term uncertainty remains, affecting businesses, especially in the tech sector. flag US importers are considering diversifying away from China due to unpredictable policy shifts. flag Meanwhile, China is attracting significant capital inflow and encouraging its exporters to diversify their markets. flag The trade tensions highlight China's economic vulnerability more than the US's, potentially leading to future concessions on issues like patent protection.

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