In a move that could reshape the contours of global trade, ✳️ the United States and China announced achieving "significant progress" ✳️ in their trade talks held in Geneva. The two sides agreed to establish a new mechanism for economic and trade consultations, while a joint statement will be issued on 📅 May 12. These talks resulted in a 🔄 temporary reduction of tariffs for 90 days, paving the way for deeper negotiations. This development boosts global market confidence 📈 and opens the door to significant changes in trade policies, especially between the two largest economic powers in the world. Are we soon witnessing the end of the tariff war? ⏳
