US and China Open Trade Talks in Beijing

US and Chinese officials have begun direct trade talks in Beijing, marking a notable moment in the two countries' ongoing economic standoff. The meeting comes amid elevated tariffs on both sides that have weighed on global supply chains and rattled financial markets throughout the year.

The opening of formal dialogue is a procedural step, not a resolution — but markets have historically reacted to even the optics of engagement between the world's two largest economies. Investors will be watching closely for any signals on tariff relief, technology export controls, or a broader framework agreement that could shift the macro backdrop for risk assets.