Hello friends! Today, we’re diving into some exciting news from the tech world that might just shake up your investment game.

Recently, the U.S. and China agreed to take a breather from their trade tensions, temporarily halting reciprocal tariffs for 90 days. This deal, struck in Geneva, means the U.S. will reduce tariffs on Chinese goods from 145% to 30%, while China will lower its tariffs on U.S. goods from 125% to 10%.

As soon as the news broke, tech stocks started climbing, with Chinese companies like Temu and Alibaba jumping nearly 9% before the market even opened. Major U.S. tech giants – including Apple, Amazon, Tesla, Nvidia, AMD, and Meta – saw their stocks rise by about 5% to 6% in pre-market trading. Nasdaq futures also increased by approximately 3.8%, signaling investor confidence.

However, it’s important to note that this deal doesn’t cover all issues, such as the recent removal of the exemption that waived duties on imports below $800, which remains a sticking point in ongoing discussions.

This news gives a fresh boost to the tech sector, highlighting how international cooperation can positively influence markets. Keep your eyes on these developments – they could shape the future of global trade and tech growth!