#NewsTrade
The United States and China have agreed to freeze some of the high tariffs imposed on each other as they are set to extend talks intended to reduce trade war tensions.
The two nations made a joint statement on Monday, after two days of trade negotiations in Geneva, Switzerland. They characterized the talks, which followed US President Donald Trump's protectionist agenda that led to a cycle of progressively heavy tariffs, as upbeat.
World markets responded positively to the news, with Hong Kong, US and European stock markets increasing.
