#TradeWarEases

BREAKING: U.S.-China Trade Deal Announcement Imminent — Markets Poised for Major Reaction

Global markets are on edge as the United States and China have reportedly reached a preliminary trade agreement following intensive negotiations in Geneva. While full details remain under wraps, both sides have signaled that a formal announcement is expected imminently.

What We Know So Far

Substantial Progress Reported: U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described the talks with Chinese Vice Premier He Lifeng as yielding "substantial progress," hinting at a de-escalation of the ongoing trade tensions.

Tariff Reductions Anticipated: There are indications that the U.S. may reduce tariffs on Chinese imports, which had reached up to 145%, to a range between 50% and 60%. China's retaliatory tariffs of 125% on U.S. goods are also expected to be addressed in the forthcoming agreement.

Market Reactions: In anticipation of the deal, global markets have shown positive movements. Investors are optimistic that the easing of trade tensions will bolster economic growth and stabilize international trade relations.