US, China agree to slash tariffs in trade war de-escalation
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US, China agree to slash tariffs in trade war de-escalation
13 Sept 12:51Key points summarised by AI
The United States and China agreed to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that has impacted global financial markets.
US tariffs on Chinese imports will drop from 145% to 30%, while Chinese duties on US goods will decrease from 125% to 10%.
Both nations committed to establishing a mechanism for continued discussions on economic and trade relations, signaling ongoing negotiations.
The agreement prompted a rally in global financial markets and was praised by the World Trade Organization as a "significant step forward."
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.