$BTC Recent US-China trade talks in Geneva have marked significant breakthroughs in easing trade tensions between the two nations. Key developments include ¹ ²:

- *Tariff Reductions*: The US and China agreed on substantial tariff reductions to de-escalate their economic tensions.

- *Joint Mechanism*: Both countries established a joint mechanism for consistent communication on trade and commercial matters.

- *90-Day Pause*: A 90-day pause was agreed upon to facilitate further discussions and negotiations.

- *Constructive Talks*: Both sides described the talks as "candid, in-depth, and constructive," with the US Treasury Secretary and Chinese Vice Premier characterizing the meetings as a positive step forward.

The talks aim to resolve trade disputes and stabilize the global economy ³.