#TradeWarEases 🚨 BREAKING: U.S. & China Strike Preliminary Trade Deal 🇺🇸🇨🇳

As of May 12, 2025, the United States and China have reached a preliminary trade agreement following two days of intense negotiations in Geneva.

U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer called the discussions with Chinese Vice Premier He Lifeng "productive," signaling a step toward easing tensions from recent tariff escalations and aiming to reduce the U.S. trade deficit.

While key terms remain under wraps, the positive tone has already rippled through global markets:

S&P 500 shows signs of recovery

U.S. stock futures are trending upward

Analysts warn the true test will be whether both sides follow through with concrete measures to address deep-rooted trade issues.

Markets at a Glance:

BTC: $103,800.85 ▼ -0.84%

ETH: $2,534.31 ▲ +0.14%

WLD: $1.293 ▲ +0.7%

Stay tuned for more updates as details emerge.