U.S. buyers jumped on the phone to call their Chinese suppliers as soon as news reached them from Geneva. Demand for goods from China was so high that it led to a shipping container shortage, a sharp reversal from the situation just days ago. Following the high-stakes meetings in Geneva, tariffs came down significantly, and a 90-day pause was set while the two sides are expected to conduct high-level consultations under a joint mechanism. Going forward, will sharp pendulum swings be the new normal? How will the trade and economic talks unfold between the two sides?
