China and the US are starting negotiations to reduce mutual trade tensions. This development could change the course of global competition.

US Treasury Secretary Scott Bessent and Trade Representative Jamison Greer will meet this week in Switzerland. These talks could be an important step towards lowering tariffs between the two countries.

Following the negotiations, gold prices fell while oil prices rose. This situation has led to fluctuations in the markets.

Whether the trade war will end remains a question. Experts indicate that the results of the negotiations will affect the global economy.