According to the Joint Statement of the Sino-US Geneva Economic and Trade Talks issued on May 12, 2025, the United States will suspend the imposition of additional tariffs of up to 24% on some Chinese products for 90 days. This measure mainly targets consumer electronics, some electromechanical products, textile products and daily consumer goods. Although this temporary measure is not a final solution, it has caused a positive response in the market, especially among companies that are easing exports to the US market.

2. Market reaction
After the release of the joint statement, the global market reacted quickly. Nasdaq 100 futures rose by more than 3%, and the Hang Seng Index rose sharply during the session, indicating that the market is generally optimistic about the easing of Sino-US relations and looks forward to the two countries resuming normal trade exchanges as soon as possible. This is not only in the interests of both China and the United States, but also in line with the expectations of the global market.
3. Impact on China's foreign trade
Export companies benefit: For companies that export directly to the US market, the 90-day tariff suspension means that orders may be restored, and some customers who have lost due to tariffs may reconsider cooperation with China.
4. Uncertain follow-up impact Although the current negotiation results show certain positive signs, the future trade environment and tariff policies may still change, and we need to continue to pay attention to the progress of the subsequent China-US consultation mechanism.

In summary, although the China-US economic and trade negotiations have not yet reached a final agreement, the consensus between the two sides in some areas has begun to have a positive impact on the global supply chain and trade flows.