USTR Greer says a work plan was concluded on deliverables on China meeting, also discussed talks on possible US-China Board of Trade, what to export to China and the status of receiving rare earths

The comments from USTR Greer regarding concluded work on deliverables from the recent China meeting, alongside discussions about a possible US-China Board of Trade and rare earth exports, signal a potential shift towards more structured trade relations. This could ease tensions and enhance market sentiment toward risk assets, potentially influencing currency valuations, particularly the USD against safe-haven currencies. Traders should keep an eye on market reactions as developments unfold, as this could affect not just bilateral trade, but broader global trade dynamics.