Substantial Progress Or Another Facade? US-China Trade War Over After “Candid” Geneva Talks? CLRCUT

5 months ago
14

The United States and China have reported "substantial progress" following high-stakes trade negotiations in Geneva. US Treasury Secretary Scott Bessent confirmed a 90-day pause and reciprocal tariff reductions, with both sides committing to a new consultation mechanism. Chinese Vice-Premier He Lifeng described the talks as “constructive,” emphasising mutual respect and cooperation. Markets responded positively, though experts warn that final outcomes hinge on forthcoming details. Despite past tensions, both nations stressed that decoupling is not desired. While cautious optimism prevails, analysts remain watchful amid uncertainty surrounding the full scope of the agreement.
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