From May 9 to 12, a serious diplomatic meeting is expected in Switzerland - an economic dialogue between the USA and China. The Chinese side will be represented by Vice Premier He Lifeng, while the American delegation is led by Scott Bessent, the newly appointed Secretary of the Treasury.
The main goal is to resolve the ongoing conflict over tariffs, which has already shaken the markets and thrown many traders off balance. The negotiations promise to be not just a polite exchange of opinions, but an attempt to revise old approaches. Especially in light of how, in recent years, each side has pressed on the sore points of the opponent - whether it be tech markets, agricultural exports, or logistics chains.
The Chinese side has made it clear that it is ready for discussions, but on the basis of equality and mutual respect. Beijing emphasizes that any talks should be based on honesty, without hidden maneuvers and political manipulations. Chinese officials have indicated that they are willing to engage in dialogue with Washington if it is prepared not only to listen but also to consider the interests of both sides.
Americans, for their part, are also keen to thaw the dialogue - sanctions, no matter how much some may want them, have a backlash. Especially now, when the global economy is already cracking, and traders on both sides of the Pacific are starting to get nervous.
Against this backdrop, financial markets are on edge. Every tweet, every remark could sway the quotes. Experts are actively analyzing how the meeting will end and what moves will be played in the coming months. Some are betting on a partial lifting of tariffs, while others are simply waiting for a clear roadmap.