China Eases US Tariffs, Scraps Farm Levies As Trump Cuts Fentanyl Duties In Fresh Trade Truce - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Group 1 - China has rolled back 24% additional tariffs on U.S. goods for a year, while maintaining the 10% levies introduced in response to previous tariffs [1] - The State Council's tariff commission announced the removal of tariffs up to 15% on select U.S. agricultural products starting Nov. 10, including chicken, wheat, corn, and cotton [2] - The Ministry of Finance stated that the continued suspension of certain bilateral tariffs is beneficial for the healthy and stable development of China-U.S. economic and trade relations [3] Group 2 - Over the past six months, the SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust ETF (QQQ) have seen significant price increases of 19.83% and 27.44%, respectively [4]