市場分析師正在密切關注美國財政部長Scott Bessent之間正在進行的對話

市場分析師正在密切關注美國財政部長斯科特·貝森特（Scott Bessent），美國貿易代表傑米森·格里爾（Jamieson Greer）和中國副總理他的持續對話。

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer have made substantial progress during their discussions with China’s Vice Premier He Lifeng, aiming to ease tensions in the prolonged trade standoff, according to market analysts.

根據市場分析師的說法，美國財政部長斯科特·貝斯特（Scott Bessent）和美國貿易代表傑米森·格里爾（Jamieson Greer）在與中國副總理他Lifeng的討論中取得了長足的進步，旨在緩解長期貿易僵局的緊張局勢。

As both sides attempt to ease tensions in their prolonged trade standoff, market analysts are closely watching the ongoing dialogue between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng. On Sunday, Bessent and Greer noted the duo made substantial progress during the negotiations.

當雙方試圖緩解延長貿易僵局的緊張局勢時，市場分析師正在密切關注美國財政部長Scott Bessent，美國貿易代表Jamieson Greer和中國副總理HE Lifeng之間正在進行的對話。週日，Bessent和Greer指出，二人在談判中取得了重大進展。

“The U.S. has reached a trade deal with China, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said Sunday, adding that the talks in Switzerland went better than expected, with agreements coming more quickly than anticipated.” A statement from the White House confirmed the completion of the trade deal between the U.S. and China. The talks, which also involved other senior officials from both sides, began on Saturday in Geneva, Switzerland.

“美國已經達成了與中國達成的貿易協定，財政部長斯科特·貝斯特（Scott Bessent）和貿易代表傑米森·格里爾（Jamieson Greer）週日表示，並補充說，瑞士的會談比預期的要好，協議的速度比預期的要快。”白宮的一份聲明證實了美國與中國之間的貿易協議完成。談判也涉及雙方的其他高級官員，於週六在瑞士日內瓦開始。

According to sources familiar with the matter, further conversations are expected to continue on Sunday, signaling the first conclave of American and Chinese envoys.

據熟悉此事的消息人士稱，預計將在周日繼續進行進一步的對話，這表明美國和中國特使的第一個會議。

Ahead of the negotiations, both nations imposed significant tariffs on mutual imports, setting the stage for this weekend’s dialogue.

在談判之前，兩國對相互進口徵收了重大關稅，為本週末的對話奠定了基礎。

Markets—including equities, cryptocurrencies, and gold—are in suspense as the U.S.-China negotiations in Geneva could significantly reshape the contours of global trade and finance. The S&P 500, along with other major indexes, has clawed back some ground since the tariff announcements but remains roughly 8% below its peak levels.

市場（包括股票，加密貨幣和黃金）是懸念，因為日內瓦的美中談判可能會大大重塑全球貿易和金融的輪廓。自關稅公告以來，標準普爾500指數以及其他主要指數一直偏向一些地面，但仍低於其峰值水平約8％。

Market turbulence is still pronounced, with the Cboe Volatility Index (VIX) holding above its historical mean, signaling persistent unease. In recent days, even an offhand remark from the U.S. president or an unofficial leak from Beijing has been enough to jolt asset prices with considerable strength.

市場湍流仍然很明顯，CBOE波動率指數（VIX）的歷史平均值超過了信號持續不安。最近幾天，即使是美國總統的副手言論，或者北京的非正式洩漏也足以使資產價格相當大。

Moreover, any positive outcome from the Geneva discussions—be it a scaling back of tariffs, a framework for future dialogue, or merely a softening in tone—could ignite a swift rally across equities, digital assets, and could even spark a retreat in gold prices.

此外，日內瓦討論中的任何積極結果（無論是對關稅的縮小，未來對話的框架還是語調的軟化）都可以激發跨股票，數字資產的迅速集會，甚至可能引發黃金價格的撤退。

Some delegates from both China and the U.S. departed early, noted Wall Street Journal reporter Brian Schwartz, who is covering the story. However, Bessent and Greer will be staying for an extra hour, according to WSJ sources.

著名的《華爾街日報》記者布萊恩·施瓦茨（Brian Schwartz）報導了這個故事。但是，根據WSJ消息來源，Bessent和Greer將待多個小時。

The trade negotiations between the U.S. and China have unfolded under a deliberate veil of secrecy, reflecting the high stakes and sensitivity of the discussions. The delegates have been avoiding press interactions, as even the slightest miscue or misinterpretation could destabilize the already volatile financial markets.

美國和中國之間的貿易談判是在有意的秘密面紗下展開的，反映了討論的高賭注和敏感性。代表們一直在避免新聞界的互動，因為即使是絲毫的錯誤或誤解也可能破壞已經波動的金融市場。

After good progress today in the U.S.-China trade talks in Switzerland, the talks will continue tomorrow. The talks have gone better than expected, with agreements being reached more quickly than anticipated. We will be able to provide more details on Monday, Beijing time.

在今天在瑞士舉行的美國 - 中國貿易談判中取得了良好的進展之後，他們的會談將於明天繼續。談判的發展比預期的要好，協議的達成比預期的要快。我們將能夠在北京時間提供更多詳細信息。

— Donald J. Trump (@realDonaldTrump) May 5, 2024

- 唐納德·J·特朗普（@ReAldonaldTrump）2024年5月5日

The two economic superpowers have been locked in a trade war since former President Donald Trump imposed tariffs on Chinese goods in 2018. The tariffs have escalated, and the two sides have threatened each other with further trade sanctions.

自從前總統唐納德·特朗普（Donald Trump）於2018年對中國商品徵收關稅以來，這兩個經濟超級大國已被鎖定在一場貿易戰中。關稅升級了，雙方互相威脅要以進一步的貿易制裁互相威脅。

The trade war has had a negative impact on the global economy. It has also led to a decline in investment and employment in both countries.

貿易戰對全球經濟產生了負面影響。這也導致兩國的投​​資和就業下降。

In recent months, both the U.S. and China have shown signs of being open to reaching a trade deal. The two sides have held several rounds of talks, and there has been progress on some issues. However, there are still major differences that need to be resolved.

近幾個月來，美國和中國都表現出可以達成貿易協議的跡象。雙方進行了幾輪談判，並且在某些問題上取得了進展。但是，仍然需要解決一些主要差異。

Some of the key issues in the trade talks include the U.S. trade deficit with China, China’s intellectual property practices, and barriers to U.S. companies operating in China.

貿易談判中的一些關鍵問題包括美國與中國的貿易赤字，中國的知識產權實踐以及在中國經營的美國公司的障礙。

The trade talks are expected to continue in the coming weeks and months. It remains to be seen whether the two sides will be able to reach a comprehensive trade deal.

預計在未來幾周和幾個月內，貿易談判將繼續。雙方是否能夠達成全面的貿易協議還有待觀察。