#TradeWarEases

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer reported "substantial progress" with Chinese Vice Premier He Lifeng. While specific terms remain undisclosed, both sides agreed to continue dialogue and explore tariff reductions. President Trump hailed the negotiations as a "total reset" in relations. Markets responded positively, with U.S. futures rising and the S&P 500 recovering from recent losses. Analysts remain cautiously optimistic, noting that the absence of concrete details could temper long-term expectations.