Nabeelabbasi

#USChinaDeal Commercial agreement between the United States📝 and China (#USChinaDeal) is a commercial agreement between the two largest economies in the world, announced in May 2025. The agreement includes significant tax reductions on mutual trade tariffs, where tariffs were reduced by 115%, meaning that trade tariffs will drop to just 10%. *Key points of the agreement:* 👇 - *Reduction of trade tariffs*: Reduction of trade tariffs on Chinese and American products - *Elimination of non-tariff barriers*: Elimination of non-tariff barriers that hindered trade between the two countries - *Cooperation regarding fentanyl*: Cooperation between the two countries to combat fentanyl trafficking - *Dialogue mechanism*: Creation of a dialogue mechanism to discuss trade and economic issues between the two countries *Impact of the agreement:*👇👇👇 - Promotion of trade between the United States and China - Improvement of the global economy - Strengthening political and economic stability in the world *Future challenges:* - Resolve structural issues in trade between the two countries - Deal with political and economic tensions between the two countries ¹ ² Note that the agreement still requires more negotiations and implementations and may face challenges in the future.$BTC $ETH $BNB