Home » China and USA Strike Deal After Two Days of Trade Talks in Geneva

China and USA Strike Deal After Two Days of Trade Talks in Geneva

11.05.2025 23:15 1 min. read Alexander Stefanov
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China and USA Strike Deal After Two Days of Trade Talks in Geneva

After two intensive days of negotiations in Geneva, officials from the United States and China have reportedly found common ground on key trade issues, paving the way for a new agreement aimed at narrowing the U.S. trade deficit.

The talks, which brought together top-level representatives from both nations, concluded with what U.S. Treasury Secretary Scott Bessent described as “meaningful progress.”

While the exact terms remain under wraps for now, a formal announcement is expected early next week.

Held at the Swiss ambassador’s residence, the discussions marked a significant thaw in trade tensions, with both parties appearing more aligned than many had anticipated. U.S. Trade Representative Jamieson Greer confirmed the breakthrough, referring to it as a mutual deal reached with their Chinese counterparts.

Market reaction was swift. Bitcoin surged back above the $104,000 mark, recovering a key resistance level, while Ethereum also rebounded, regaining momentum near its recent highs around $2,500.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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