#TradeWarEases

Commercial progress in Geneva! 🚀 What does it mean for the markets?

Hello, Binance community! 👋 The U.S. and China achieved 'substantial progress' in Geneva after two days of trade talks. 😊 They agreed on an economic consultation mechanism and today, May 12, we expect a joint statement. How does this impact? Markets are rising: Wall Street (+1-2%), DAX (+1%), Kospi (+1.2%). 📈 The tariff truce (U.S. 145% to 30%, China 125% to 10%) eases sectors like technology. 🛠️ The statement could detail this suspension, the new dialogue, and a conciliatory tone, though without big promises. 🤝 This benefits stability, even for crypto. 💸 Stay tuned for news and trade with confidence! What do you think? Comment! 👇

Sources: Recent reports on negotiations in Geneva