The United States and China have agreed to significantly reduce mutual customs in the next 90 days, aims to control the escalating trade tensions. As a result of the agreement, growth in the world stock markets, and the dollar was significantly strengthened. The United States has agreed to reduce the customs bank of the Chinese goods to 145% to 30%, and China is from 125% to 10%. Futures of S & P 500 have risen by 2.7%, NASDAQ 100 by 3.8%. The dollar index increased by 0.9%, intensifying against the euro and yen. Ոսկու գինը նվազել է մոտ 3%-ով՝ հասնելով 3,227 ԱՄՆ դոլարի։
The joint statement of the two countries emphasized that their trade relations are important not only for each other, but also for the global economy. Many analysts assessed the statement as a circumstance improving the mood of the market, Reuters reports.
However, experts warn that this is not yet a final agreement. Negotiations will continue, and the risk of resumption of custom tensions remains: International oil prices have responded to the agreement, increasing almost 3%. There has been a significant positive movement in European and Asian stock exchanges.
