市场分析师正在密切关注美国财政部长Scott Bessent之间正在进行的对话

市场分析师正在密切关注美国财政部长斯科特·贝森特（Scott Bessent），美国贸易代表杰米森·格里尔（Jamieson Greer）和中国副总理他的持续对话。

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.

根据市场分析师的说法，美国财政部长斯科特·贝斯特（Scott Bessent）和美国贸易代表杰米森·格里尔（Jamieson Greer）在与中国副总理他Lifeng的讨论中取得了长足的进步，旨在缓解长期贸易僵局的紧张局势。

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.

当双方试图缓解延长贸易僵局的紧张局势时，市场分析师正在密切关注美国财政部长Scott Bessent，美国贸易代表Jamieson Greer和中国副总理HE Lifeng之间正在进行的对话。周日，Bessent和Greer指出，二人在谈判中取得了重大进展。

“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.

“美国已经达成了与中国达成的贸易协定，财政部长斯科特·贝斯特（Scott Bessent）和贸易代表杰米森·格里尔（Jamieson Greer）周日表示，并补充说，瑞士的会谈比预期的要好，协议的速度比预期的要快。”白宫的一份声明证实了美国与中国之间的贸易协议完成。谈判也涉及双方的其他高级官员，于周六在瑞士日内瓦开始。

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

据熟悉此事的消息人士称，预计将在周日继续进行进一步的对话，这表明美国和中国特使的第一个会议。

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

在谈判之前，两国对相互进口征收了重大关税，为本周末的对话奠定了基础。

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.

市场（包括股票，加密货币和黄金）是悬念，因为日内瓦的美中谈判可能会大大重塑全球贸易和金融的轮廓。自关税公告以来，标准普尔500指数以及其他主要指数一直偏向一些地面，但仍低于其峰值水平约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.

市场湍流仍然很明显，CBOE波动率指数（VIX）的历史平均值超过了信号持续不安。最近几天，即使是美国总统的副手言论，或者北京的非正式泄漏也足以使资产价格相当大。

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，日内瓦讨论中的任何积极结果（无论是对关税的缩小，未来对话的框架还是语调的软化）都可以激发跨股票，数字资产的迅速集会，甚至可能引发黄金价格的撤退。

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《华尔街日报》记者布莱恩·施瓦茨（Brian Schwartz）报道了这个故事。但是，根据WSJ消息来源，Bessent和Greer将待多个小时。

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.

美国和中国之间的贸易谈判是在有意的秘密面纱下展开的，反映了讨论的高赌注和敏感性。代表们一直在避免新闻界的互动，因为即使是丝毫的错误或误解也可能破坏已经波动的金融市场。

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.

在今天在瑞士举行的美国 - 中国贸易谈判中取得了良好的进展之后，他们的会谈将于明天继续。谈判的发展比预期的要好，协议的达成比预期的要快。我们将能够在北京时间提供更多详细信息。

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

- 唐纳德·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.

自从前总统唐纳德·特朗普（Donald Trump）于2018年对中国商品征收关税以来，这两个经济超级大国已被锁定在一场贸易战中。关税升级了，双方互相威胁要以进一步的贸易制裁互相威胁。

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.

贸易战对全球经济产生了负面影响。这也导致两国的投​​资和就业下降。

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.

近几个月来，美国和中国都表现出可以达成贸易协议的迹象。双方进行了几轮谈判，并且在某些问题上取得了进展。但是，仍然需要解决一些主要差异。

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.

贸易谈判中的一些关键问题包括美国与中国的贸易赤字，中国的知识产权实践以及在中国经营的美国公司的障碍。

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.

预计在未来几周和几个月内，贸易谈判将继续。双方是否能够达成全面的贸易协议还有待观察。