#TradeWarEases In a significant development, the United States and China have reported “substantial progress” in their trade negotiations following two days of talks in Geneva. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described the discussions with Chinese Vice-Premier He Lifeng as productive and constructive. 

While specific details remain undisclosed, the talks have led to a tentative consensus and the establishment of a mechanism for ongoing dialogue on trade and economic matters. This marks a potential easing of the prolonged economic tensions between the world’s two largest economies.