BREAKING: Trade Deal Secured Between the US and China in Geneva

By: bitcoin ethereum news|2025/05/12 02:00:15
0
Share
copy
The White House announced that the United States and China have reached an agreement in major trade talks in Geneva. “I am pleased to report that we have made significant progress in the very important trade talks between the United States and China,” US Treasury Secretary Scott Bessent said after the meetings hosted by Switzerland. “I thank the Swiss government for providing this wonderful environment. This productive atmosphere allowed the talks to be constructive.” It was reported that the vice prime minister and two deputy ministers from China, as well as US Trade Representative Ambassador Jamieson Greer and Treasury Secretary Bessent attended the talks. Minister Bessent added that President Donald Trump was briefed on the process in detail and that a full press statement would be made tomorrow morning. US Trade Representative Jamieson Greer said that the talks were extremely constructive and added, “The fact that we reached an agreement in these two days shows that the differences between the parties are not as great as it is thought. However, an intensive preparation process was carried out to get to this point. The basis of these talks is that the US has a huge trade deficit of $1.2 trillion. That is why the President declared a national emergency and started imposing tariffs. We believe that this agreement we reached with our Chinese partners is an important step towards resolving this emergency.” *This is not investment advice. Source: https://en.bitcoinsistemi.com/breaking-trade-deal-secured-between-the-us-and-china-in-geneva/

You may also like

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

Why is Bitcoin down today? A hawkish FOMC pressured crypto and gold, while SpaceX surged to a $2.5 trillion valuation and Nasdaq gained attention. Here's what happened and why traders are looking beyond Bitcoin.

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

OKX founder Star published a lengthy article, systematically analyzing Binance's competitive advantages over the years: regulatory arbitrage, speculative narrative cycles, social media control, and superficial compliance, stating that the essence of these advantages is not product capability, but ra...

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

Federal Reserve Chairman Waller's debut featured a significant slimming statement, the cancellation of forward guidance, refusal to submit the dot plot, and the establishment of five working groups, vowing to uphold the 2% inflation target, which triggered a sharp decline in U.S. stocks and a surge ...

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

"Coin-stock linkage" has evolved from the early stage of macro correlation and one-way penetration of emotional funds to the current 3.0 stage, where on-chain perpetual contracts provide extended trading hours and emotional signal value for traditional assets 24/7, and participate in Pre-IPO pricing...

Dalio's important long article: How to position in the current market environment?

Do not confuse the excitement for new technologies with whether those tech stocks are attractive.

DeepSeek Financing Story

DeepSeek's financing insider information exposed: "Four-hour meeting" fully demonstrates Liang Wenfeng's determination for AGI, over a hundred institutions involved, Sequoia and Hillhouse rarely absent, not poaching talent is the hardest red line.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com