China Calls US Trade Talks ‘Reasonable and Frank,’ Confirms Geneva Agreement

China Calls US Trade Talks ‘Reasonable and Frank,’ Confirms Geneva Agreement

Vice Commerce Minister Li Emphasizes Constructive Dialogue with US

China's Vice Commerce Minister Li Chenggang announced early Wednesday that recent US-China trade negotiations were conducted in a "reasonable and candid" manner. According to Li, both nations reached an understanding on the Geneva Consensus, indicating a shared approach to economic cooperation.

This development adds a positive tone to a week of high-stakes diplomatic discussions, as investors closely monitor US-China relations for signs of reduced tensions that could impact global markets and trade flows.

Agreement May Signal Shift Toward Constructive Engagement

Li’s remarks suggest a potential softening of tone in US-China relations, with both sides recognizing the importance of dialogue. The Geneva Consensus, while not yet detailed publicly, appears to form a common foundation for ongoing talks.

This follows comments from US Commerce Secretary Howard Lutnick, who earlier confirmed similar progress. Market participants remain watchful for formal outcomes or agreements that could shape trade policy, tariff regimes, and global economic sentiment.

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