#TradeWarEases The U.S.–China trade war has taken a significant turn toward de-escalation following two days of negotiations in Geneva. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer announced "substantial progress" in the talks, which were described as "constructive" and "productive" by both sides .
While specific details of the agreement remain undisclosed, the discussions have led to the establishment of a new economic and trade consultation mechanism . This development has been welcomed by investors, with global stock markets experiencing a notable lift. Key indices such as China's CSI300, Hong Kong's Hang Seng, and Japan's Nikkei saw increases, and oil prices climbed over 1%, signaling improved global economic sentiment .
However, analysts advise caution, noting that while the talks are a positive step, the lack of concrete details leaves room for uncertainty. Expectations for significant long-term changes in the trade relationship remain tempered, and market reactions could be adversely affected if the final agreement falls short of investor hopes .