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The new U.S. administration's unilateral tariff measures have strained Sino-American trade relations, prompting China to retaliate and defend the international trading system. Recent high-level talks in Geneva, led by China's Vice
He Lifeng and U.S. Treasury Secretary Bessent, mark a promising shift towards resolving the conflict.
Global stock indices rose as both nations showed commitment to dialogue. China insists on mutual respect and fairness, while Bessent expressed optimism about easing tensions. The talks resulted in the establishment of a trade consultation mechanism, highlighting progress in bridging differences and enhancing cooperation. Despite challenges, a cooperative approach promises significant potential for global economic stability.
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