Lutnick Says US-China Trade Truce Signed, 10 Deals Imminent

Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, confirmed today that the United States and China have formally signed a trade truce, marking a significant de-escalation in economic tensions between the world’s two largest economies. The agreement comes after months of quiet negotiations and is expected to pave the way for a series of high-level trade and investment agreements. In a statement to reporters, Lutnick described the truce as “a critical turning point” and revealed that ten major commercial deals between U.S. and Chinese companies are now in the final stages of approval. These agreements span key sectors including technology, energy, agriculture, and finance. “The U.S.–China relationship is stabilizing,” said Lutnick. “We’re entering a period of constructive engagement, and these upcoming deals will reflect mutual economic interests and long-term cooperation.” Markets reacted positively to the news, with the Dow Jones and S&P 500 both posting gains in early trading. Analysts noted that the truce could help ease uncertainty that has clouded global supply chains and investor sentiment for much of the past year. While the full details of the agreement have not been made public, sources familiar with the negotiations indicated that both sides agreed to reduce specific tariffs, expand market access, and establish regular economic dialogues to prevent future escalations. As diplomatic and commercial ties warm, attention will now shift to the implementation of these new agreements and how they will shape global trade dynamics in the months ahead.

ECONOMICS