The United States and China have agreed on Thursday to suspend mutual customs tariffs on port fees, which have become a major source of concern in the broader trade war between the world's two largest economies and have led to an increase in maritime shipping costs. This agreement marks a significant step towards de-escalating the trade conflict that has negatively impacted global supply chains. The suspension of tariffs is expected to ease the burden on importers and exporters and help stabilize logistics costs.
