📢 UPDATE: Crucial U.S.-China Trade Talks Kick Off Today in London ❗
Top-level trade negotiations between the U.S. and China are set for today in London. Leading the U.S. team are Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer. China’s delegation will be headed by Vice Premier He Lifeng.
📈 Market Watch
Markets are watching closely — a positive outcome could boost investor confidence. U.S. stock futures edged up ahead of the meeting, with the S&P 500 recently closing above 6000 for the first time since February 21.
Still, tensions linger. China's exports to the U.S. dropped 34.5% year-over-year in May — the sharpest decline since February 2020.
🔮 What to Expect
Hopes are high for progress, but uncertainty looms. Investors should keep a close eye on updates and brace for possible market swings depending on how the talks unfold.