U.S.–China: Trade Talks This Saturday
This Saturday, May 10, a long-anticipated meeting between U.S. and Chinese representatives will take place in Geneva.
What to expect?
Possible outcomes:
Minimal progress – a symbolic gesture of goodwill, with no real concessions.
Tariff freeze – a temporary agreement to halt further tariff increases.
Full tariff reduction – unlikely, but would trigger a strong market rally.
Breakdown of talks – escalation, market drop, and rising geopolitical turbulence.
Many analysts are betting on a moderate scenario (options 1–2), but any hint of de-escalation is likely to be seen as positive by the markets.
So it looks like the real action is coming this weekend.