#TradeWarEases : Good news for the global economy
🤝 After two intense days of negotiations in Geneva, the United States 🇺🇸 and China 🇨🇳 have reached a preliminary trade agreement that promises to ease the tensions that have marked recent years.
⚖️ Although the details have not yet been made public, representatives from both countries have described the talks as 'productive' and 'a substantial step forward.'
💱 The agreement could mean a reduction in tariffs applied during the trade war, which had reached levels of 145% on some products. This sign of de-escalation has been well received by the markets: U.S. stock futures rose and the dollar strengthened against the yen and the Swiss franc.
🌐 This possible thaw between the two largest economies in the world brings hopes of greater global trade stability. Both nations are expected to issue a joint statement in the coming days. The international community celebrates this positive turn in economic relations.
