Breaking news from Asia: optimism is sweeping through global markets as trade tensions between the U.S. and China show signs of easing. After peace talks hosted by Thailand, Cambodia, and Malaysia, with observation from the U.S., representatives from both nations reported constructive discussions. U.S. representative Scott Bessent stated that the two countries are moving toward a more balanced trade deal, while China’s Vice Minister of Commerce, Li Chenggang, confirmed that both sides found common ground on key issues. Under the framework agreement, the feared 100% tariffs have been avoided, China will pause restrictions on rare earth exports, and plans to increase soybean imports from the U.S. Markets reacted positively, with Asian indices rising and investor sentiment turning bullish worldwide. This development could represent the most significant U.S.–China trade breakthrough in years, marking a potential turning point for global stability and economic growth.
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