#TradeWarEases #TradeWarEases

The United States and China concluded high-level trade talks in Geneva that lasted for two days, resulting in "tangible progress" towards resolving ongoing trade tensions. The two countries agreed to establish a new mechanism for economic and trade consultations, with a joint statement on the matter to be issued on May 12.

This development may contribute to calming global markets and improving confidence between the world's two largest economies, potentially opening the door to positive changes in international trade policies.