#TradeWarEases The United States and China have reached a preliminary agreement aimed at easing their ongoing trade war, following two days of negotiations in Geneva. While specific terms have not been disclosed, U.S. officials described the discussions as "productive," indicating substantial progress toward reducing the $295 billion trade deficit with China.

President Donald Trump characterized the talks as a "total reset" of U.S.-China relations, expressing a willingness to reduce tariffs on Chinese imports from 145% to 80%. Chinese Vice Premier He Lifeng echoed the positive sentiment, calling the discussions "candid and constructive."

The announcement has positively impacted financial markets, with U.S. stock futures rising—S&P 500 E-minis up 1.3% and Nasdaq futures gaining 1.6%—reflecting investor optimism about the potential de-escalation of trade tensions.

Further details of the agreement are expected to be released soon, as both nations work toward finalizing the deal.

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