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What signals have been released in the joint statement of the China-US-Geneva economic and trade talks?
In the next step, the USA and China will continue negotiations regarding tariffs. Secondly, the focus of the negotiations between the USA and China will shift to non-tariff barriers; discussions will begin around investment, market access, and the supply of key minerals. Finally, considering the significant reduction of tariffs by the USA on China, China's foreign trade may show more positive performance in May.
Shares of Travel and Leisure Stocks Are Trading Higher After the US and China Agreed to a Temporary Reduction in Most Tariffs on Each Other's Goods. This Could Reduce Economic Uncertainty That Has Been Clouding Travel and Spending Outlook.
Sino-U.S. talks bring warmth! The financial markets welcome "Mad Monday," with Hong Kong stocks rising above 23,000 points, and Pre-Market Trading skyrocketing across the board.
This high-level economic and trade dialogue between China and the United States has achieved substantial progress, significantly reducing bilateral tariff levels. The U.S. has canceled a total of 91% of the additional tariffs, and China has correspondingly canceled 91% of the counter-tariffs; the U.S. has suspended the implementation of a 24% "reciprocal tariff," and China has also correspondingly suspended the implementation of a 24% counter-tariff.
The Ministry of Commerce: China and the United States have canceled a total of 91% of the additional tariffs and suspended the implementation of 24% of the counter tariffs.
This high-level economic and trade dialogue between China and the United States has achieved substantial progress, significantly reducing bilateral tariff levels. The U.S. has canceled a total of 91% of the additional tariffs, and China has correspondingly canceled 91% of the counter-tariffs; the U.S. has suspended the implementation of a 24% "reciprocal tariff," and China has also correspondingly suspended the implementation of a 24% counter-tariff.
Breaking! A50 surged sharply, Hong Kong stocks soared! Big news on China-U.S. trade talks!
On May 12, after the close of the A-shares market, the joint statement of the US-China economic and trade talks was released. Following the announcement, the FTSE China A50 Index Futures surged sharply, and the Hong Kong stock market experienced significant gains.
Breaking news! He Lifeng: The high-level economic and trade talks between China and the United States have made substantial progress and reached important consensus.
The Chinese leader in the China-US economic and trade talks, Vice Premier He Lifeng, attended the press conference and stated that significant consensus has been reached between China and the United States, and the discussions have made substantive progress.
