Breaking: U.S. and China Reach Temporary Trade Deal, Stock Markets Surge

Breaking news this morning as U.S. stock markets surge following the announcement of a temporary trade deal between the U.S. and China. The agreement includes a significant reduction in tariffs, with the U.S. lowering tariffs on Chinese products to 30% from 145%, and China reducing tariffs on U.S. products to 10% from 125%.