#TradeWarEases the United States and China have reached a preliminary trade agreement following two days of negotiations in Geneva. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described the discussions with Chinese Vice Premier He Lifeng as productive, aiming to reduce the U.S. trade deficit and ease tensions from recent tariff escalations. While specific terms remain undisclosed, the cooperative tone of the talks has positively influenced global markets, with U.S. stock futures rising and the S&P 500 showing signs of recovery . Analysts caution that sustained progress will depend on the implementation of concrete measures to address longstanding trade issues.
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