The US and China are expected to sign a new trade agreement next week, says the US Treasury Secretary.
US Treasury Secretary Bessent said on Friday (31) that Washington and Beijing are close to finalizing a new trade deal, with the signing expected to take place next week. The statement rekindles optimism surrounding economic relations between the world's two largest economies, after years of tensions and tariff disputes.
According to Bessent, the agreement represents an important step toward stabilizing global trade and reducing uncertainties that have been impacting markets. "The United States and China are committed to strengthening economic cooperation and pursuing sustainable growth for both parties," the secretary emphasized during a press conference.
Although specific details about the content of the agreement have not yet been released, sources close to the negotiations indicate that it should include measures related to tariff reduction, greater market openness, and mechanisms to prevent practices considered unfair trade practices.
The announcement comes at a time of recovery in diplomatic relations between the two countries, which have faced friction in recent years on issues ranging from technology and semiconductors to national security and supply chains.
INTEL: US Treasury Secretary Bessent said the United States and China are expected to sign a trade agreement within the next week
— Solid Intel 📡 (@solidintel_x) October 31, 2025
Analysts point out that the signing of a new trade pact could have an immediate impact on financial markets, especially in sectors such as manufacturing, technology, and commodities. "A successful agreement between the US and China tends to improve global risk sentiment and benefit emerging market assets," assessed a market strategist interviewed by the international press.
The market is now awaiting official confirmation of the dates and terms of the document, which should be announced by the governments in the coming days. If the signing takes place, the move could mark the beginning of a new phase of economic cooperation between Washington and Beijing — a positive sign for investors closely following the dynamics between the two powers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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