#TrumpTariffs # Trade War Easing? Trump and Xi Jinping Agree to 'Total Reset'

US President Donald Trump praised trade talks with China as a 'total reset' negotiated in a friendly and constructive manner. He stated that significant progress has been made and urged China to open access for American businesses.

The second day of closed-door meetings between US and Chinese delegations continued this week in Switzerland, focusing on easing tensions due to the trade war. Although there has been no signal of tariff reduction yet, the meeting is seen as an important step by global market participants.