In a significant development, the U.S. and China have agreed to slash reciprocal tariffs for a period of 90 days, offering a temporary reprieve to businesses facing the impact of the ongoing trade war. U.S. Trade Representative Jamieson Greer emphasized the commitment from both sides to make this pause constructive, while acknowledging that the uncertainty surrounding tariffs remains. Despite the tariff cuts, concerns linger, particularly for tech companies who still face risks associated with semiconductor tariffs. The deal, described as a tentative truce, aims to encourage positive dialogue between the two nations, with both sides preparing for what could be a critical period in their trade relationship. Importers have expressed mixed feelings, showing relief over the tariff reductions but also anxiety about the potential for tariffs to rise again if negotiations don’t yield favorable outcomes.