#TradeWarEases Global markets are on alert as the United States and China have reportedly reached a preliminary trade agreement following intense negotiations in Geneva. Although the full details remain under wraps, both parties have indicated that a formal announcement is expected imminently.

What We Know So Far

Substantial Progress Reported: U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described the discussions with Chinese Vice Premier He Lifeng as having produced "substantial progress," hinting at a de-escalation of ongoing trade tensions.