#TradeWarEases USA and China achieve key advances in trade negotiations
After two days of talks in Geneva, both powers announce "substantial progress" to reduce tensions. A new economic consultation mechanism will be established, and a joint statement will be published today (May 12).
📈 Impact on markets:
- Will it alleviate uncertainty in commodities and tech?
- Will global stock markets strengthen with lower geopolitical risk?
- Possible tariff reductions could boost trade flows.
🔍 Expectations:
The agreement could mark a shift in protectionist policies, although challenges remain on issues such as subsidies and intellectual property. Will this be the start of a new phase of cooperation or a temporary truce?
🚨 Crypto markets on the radar: If trade stability consolidates, could the adoption of digital assets increase as a hedge against traditional currencies?
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