In today's episode, we delve into the temporary US-China tariff reduction agreement and its implications for global trade. We also explore the European Commission's downgraded economic forecast for the EU, highlighting the challenges and opportunities ahead. Join us as we discuss the fragile state of international trade and its impact on businesses and consumers worldwide.Sources:https://www.csis.org/analysis/understanding-temporary-de-escalation-us-china-trade-warhttps://www.whitecase.com/insight-alert/united-states-and-china-agree-partially-de-escalate-april-tariffshttps://www.gibsondunn.com/stepping-away-from-the-brink-us-china-trade-deal-offers-90-day-tariff-reduction/https://www.wcshipping.com/blog/us-china-trade-deal-2025-auto-tariffs-shippinghttps://www.internationaltradeinsights.com/2025/05/u-s-and-china-agree-to-reduce-tariffs-for-90-days/https://www.eunews.it/en/2025/05/19/trumps-tariffs-hit-eurozone-growth-2025-forecasts-cut-by-0-4-percentage-points/https://economy-finance.ec.europa.eu/economic-forecast-and-surveys/economic-forecasts/spring-2025-economic-forecast-moderate-growth-amid-global-economic-uncertainty_enhttps://economy-finance.ec.europa.eu/publications/european-economic-forecast-spring-2025_enhttps://eaccny.com/news/chapternews/european-commission-spring-2025-economic-forecast-moderate-growth-amid-global-economic-uncertainty/https://www.aa.com.tr/en/economy/eu-cuts-economic-growth-forecasts-amid-tariff-uncertainty/3572910https://businessday.ng/companies/article/global-business-optimism-falls-amid-trade-uncertainty-report/https://www.spglobal.com/marketintelligence/en/mi/research-analysis/week-ahead-economic-preview-week-of-16-may-2025.htmlhttps://www.northerntrust.com/united-states/insights-research/2025/global-economic-outlook/a-new-dawnhttps://chiefexecutive.net/manufacturing-ceo-optimism-grows-again-in-may/https://www.weforum.org/stories/2025/05/step-back-from-brink-for-global-economy-and-other-key-economic-news/