#TradeWarEases 🇺🇸 USA and 🇨🇳 China: Negotiations in Geneva

On May 10, the first round of negotiations took place in Geneva between officials from the USA and China regarding tariffs. The talks were held in a "friendly, yet constructive manner," aiming to open the Chinese market to American businesses. Markets are responding to the easing of trade wars:

• Stock markets in the USA and Germany showed growth amid signs of decreasing tension in trade relations.

• Gold prices fell due to reduced demand for safe-haven assets as trade prospects improved. Analysts note that the easing of trade wars supports a positive outlook for risk assets and contributes to the recovery of the global economy.