Stock markets lifted by ‘productive’ US-China trade talks – business live

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Stock markets lifted by ‘productive’ US-China trade talks – business live - short news

Rolling coverage of the latest economic and financial news

White House claims China trade deal reached while Beijing hails ‘important first steps’

There are reports that US treasury secretary Scott Bessent will hold a briefing on the trade talks within the hour, in Geneva.

Oil, a gauge of global growth prospects, has risen more than 1% today after the US and China both touted progress at their trade talks.

source: The Guardian - 12.05.2025

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