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13May 2025

US-China Agree to Temporary Tariff Truce Deal

US-China Agree to Temporary Tariff Truce Deal Why in the News ? The US and China have agreed to a 90-day pause in their trade war following talks in Geneva, temporarily reducing tariffs and non-tariff barriers. This truce comes amid economic strain and growing fears of recession and stagflation. Background of the Tariff War: Trade …

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12Apr 2025

Yuan Devaluation Unlikely, Economists Suggest Alternative Strategies

Why in News ? Amid escalating US-China tensions, there was speculation that China might devalue the yuan. However, economists believe China will use other economic tools, such as fiscal and monetary policies, to mitigate the impact of US tariffs without resorting to drastic devaluation. Speculation on Yuan Devaluation: The ongoing economic conflict between China and …

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