Core Points - The US and China have agreed to significantly reduce tariffs, with the US lowering tariffs on Chinese goods from 145% to 30%, and China reducing tariffs on US imports from 125% to 10% [1] - A 90-day tariff suspension has been established, signaling a potential stabilization in US-China trade relations [2][8] - The recent tariff changes are seen as a major benefit for export companies, although concerns remain about the sustainability of this easing [2] Tariff Changes - The US will reduce tariffs on Chinese goods from 145% to 30%, while China will lower tariffs on US goods from 125% to 10% [1] - The agreement includes a 90-day suspension of tariffs, which is viewed as a positive development for exporters [2][8] Impact on Exporters - Many export companies have faced significant order cancellations and disruptions due to previous tariff increases, with some reporting a drop in order volumes by half [4] - The cancellation of the $800 tariff exemption has further complicated logistics for cross-border e-commerce, leading to a shift in strategies among exporters [6][10] - Exporters are now racing to utilize the 90-day window to ship goods to the US and stock local warehouses [10] Market Adaptation - The recent tariff crisis has prompted many Chinese exporters to diversify their markets beyond the US, with increased focus on regions like the Middle East and Europe [11][12] - The volatility in trade relations has led to a shift in business strategies, emphasizing the need for adaptability in uncertain environments [14]