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US and China concluded two days of trade negotiations in Geneva, reporting progress toward a deal. While details remain scarce, both sides expressed optimism. The US highlighted substantial progress and a potential resolution to the trade deficit, while China emphasized a constructive dialogue and agreed-upon negotiation mechanisms. A joint statement with further details is expected Monday. Global markets reacted positively to the news, with futures rising significantly. The agreement focuses on establishing a formal economic and trade negotiation process to address the ongoing trade war and its impact on global markets.

Prepared by Christopher Adams and reviewed by editorial team.