Developments Between China and the US Shape Global Competition

Trade negotiations between China and the US are determining the course of global competition. What are the implications of the latest developments for economic relations?
According to Xinhua, China's Vice Premier for Economic Relations, He Lifeng, held a video conference with US Treasury Secretary Scott Bessent. The parties agreed to hold consultations on trade relations as soon as possible. Details of the meeting have not yet been disclosed, but the US side announced that negotiations will take place in Malaysia.
President Donald Trump's increase in tariffs has led to a tariff standoff between the two countries. Trump raised the tariff on China to 145%. This situation has altered the dynamics of global trade.
The future of the negotiations is eagerly awaited in the markets. China's relationship with the US also affects gold and currency markets. Investors are closely monitoring these developments.
In global markets, the trade talks between the US and China are creating a positive atmosphere. However, uncertainties still persist. Investors should remain cautious during this process.
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