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

On May 12, 2025, the United States and China reached a tentative trade agreement after two days of negotiations in Geneva. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer characterized the talks with Chinese Vice Premier He Lifeng as constructive, focusing on narrowing the U.S. trade deficit and defusing recent tariff tensions. Although the exact details have not been released, the positive tone of the dialogue has boosted global markets—U.S. stock futures climbed and the S&P 500 began to rebound. Experts warn, however, that lasting progress will require concrete actions to resolve deep-rooted trade challenges.