#CPI数据将公布# #辣妹儿李嘉欣#

Every day, treating everyone like fools.
As of May 12, 2025, the high-level economic and trade talks between China and the United States held in Geneva, Switzerland have concluded, and the two sides have reached a series of important consensus, planning to issue a joint statement on May 12. The following are the main contents of the consensus officially announced:
1. **Establish a normalized economic and trade consultation mechanism**
Both parties agree to establish a regular communication mechanism, led by the heads of economic and trade affairs from China and the United States, to negotiate on their respective economic and trade concerns in order to reduce misunderstandings and friction.
2. **Deepen Practical Cooperation**
The United States and China agreed to strengthen cooperation in areas such as climate change, energy transition, and the digital economy. For example, American companies plan to expand exports of photovoltaic equipment to China, while China will open more green technology markets to the U.S. Additionally, both sides have reached preliminary cooperation intentions in areas such as agricultural trade and financial services.
3. **Managing Differences and Risks**
In response to long-standing differences such as trade imbalances and intellectual property protection, both sides agreed to seek solutions through dialogue and consultation. The Chinese side reiterated its opposition to unilateral tariff measures, emphasizing that there are no winners in a trade war; the U.S. side stated that it would carefully evaluate its tariff policy towards China to avoid negative impacts on the global economy.
4. **Possibility of Reducing Tariffs**
Although no specific figures have been disclosed, the U.S. side had previously suggested before the talks that it might lower some tariffs on China from 145% to 80%, indicating a certain degree of flexibility. Both sides agreed to continue consultations on the tariff issue.
5. **Injecting Stable Expectations into the Global Economy**
This meeting is seen as a positive signal for easing the economic confrontation between the US and China. Both the International Monetary Fund (IMF) and the World Trade Organization (WTO) welcomed the talks, believing they would contribute to global economic stability.
### Market Reaction
After the announcement of the talks, global stock markets generally rose, and market expectations for a thaw in China-U.S. economic and trade relations increased.
This meeting is the first formal dialogue since the U.S. and China imposed high tariffs on each other in early 2025, and is seen as an important step towards stabilizing the economic and trade relations between the two countries. In the future, both sides will continue to negotiate specific details to implement the consensus that has been reached.
In the future, we will continue to communicate. Let’s boldly predict that the market is gradually losing faith in news regarding tariffs, and the impact on the market will not be significant anymore. Let's wait for next month's interest rate cut news.