genevasummit

🚨 BREAKING: US-China Trade Talks Yield

“Substantial Progress” in Geneva! 🌍🤝

After two intense days of negotiations in Switzerland, the US and China have agreed to establish a new trade consultation mechanism aimed at easing the trade war tensions that have disrupted global markets. While exact tariff cuts remain under wraps, officials are optimistic about the “deal” to reduce the US trade deficit and pave the way for future cooperation. 🇺🇸🇨🇳

Treasury Secretary Scott Bessent called the talks “productive” and “a very important first step,” with a joint statement expected on May 12. This could mark a turning point in the longest-running trade conflict between the world’s two largest economies. 📉📈

🗓 Date: May 11, 2025
📍 Source: Reuters, Politico, CNN

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