The United States and China have agreed to a preliminary trade framework after two days of talks in Geneva, according to officials familiar with the discussions. The deal is intended to ease tensions over tariffs and export controls, though it remains an initial step rather than a final agreement.

Negotiators from both sides met at a high level as the world’s two largest economies sought to stabilize a trade relationship that has been strained by years of tariffs, technology restrictions, and broader strategic rivalry. The framework is expected to guide further talks on unresolved issues.

Officials did not provide full details of the arrangement, and the terms still appear to require additional negotiation before any durable settlement can be reached. Even so, the announcement suggests a willingness in both capitals to prevent further escalation and keep trade channels open.

The Geneva discussions come at a time when global markets are watching closely for signs of reduced friction between Washington and Beijing. Any lasting breakthrough would likely have implications for supply chains, technology firms, and broader international commerce.