#TradeWarEases Hello Binance community!
The United States and China have just concluded two days of high-level trade talks in Geneva, and all indications suggest there were "substantial advances" to ease tensions that have been dragging on for years. The most interesting aspect is that both powers agreed to create a new economic and trade consultation mechanism, which could be key to stabilizing markets in the long term. A joint statement is expected on May 12, which could have a direct impact on global trade and market sentiment.
Do you think this will boost stock markets and cryptocurrencies? What are your expectations for the announcement? I look forward to your thoughts!