- Substantial Progress Reported: U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described the Geneva talks with Chinese Vice Premier He Lifeng as “productive,” noting “substantial progress.
- Market Reaction: Following the announcement, stock futures surged:
o Dow Jones futures rose by 1.1%.
o S&P 500 futures increased by 1.25%.
o Nasdaq futures jumped by 1.44%.
- Tariff Discussions Ongoing: While no specific agreements on tariffs were disclosed, both sides are expected to release a joint statement soon.
- Global Market Impact: Asian and European markets also experienced gains, reflecting global investor optimism.
- Establishment of Consultation Mechanism: Both nations agreed to create a new platform for ongoing trade and economic discussions, aiming to address long-standing structural issues.
- What’s Next?
The recent developments in U.S.-China trade relations highlight the intricate balance between diplomacy and economic policy. While the reported progress is encouraging, the absence of concrete details reminds us of the complexities involved in international negotiations. As we await further information, it’s essential to stay informed and consider the broader implications for global markets and economic stability.

CDO TRADER
CDO TRADER, our cutting-edge trading platform, follows the technology from the forefront with new features added continuously. Moreover, CDO TRADER is now available for Android and iOS! So it allows you to trade on the go!