The high-level economic and trade talks between China and the United States will be held in Geneva, Switzerland from the 10th to the 11th. On the 12th, both sides released the Joint Statement of the China US Geneva Economic and Trade Talks. People from multiple industries in the United States welcome this. They believe that this indicates that the world's two largest economies are resolving their differences and seeking mutual benefits through equal dialogue and consultation, which is in the best interests of both countries. Gene Seroca, Executive Director of the Port of Los Angeles, one of the largest and busiest container ports in the United States, said in a statement, "This is good news for consumers, American businesses, workers, and supply chains. Mario Cordero, the executive director of Long Beach Port, another important port in the United States, also said that this is good news. The American Apparel and Footwear Association stated in a statement that it welcomes the US and China's agreement to temporarily suspend some tariffs for 90 days, believing that this may help ease the trade tensions between the US and China over the past month. Steve Hoffman, CEO of Founder's Space, a well-known incubator in Silicon Valley, said in an interview with Xinhua News Agency, "This is a crucial step forward. The imposition of high tariffs increases the burden on businesses, drives up consumption costs, distorts trade flows, creates inefficiencies, and exacerbates uncertainty. We should strive to create a trade environment that encourages the free flow of goods, services, and innovation in both directions." Eric Kirby, Chief Investment Officer of Chicago's Polaris Investment Management, said, "This is a step in the right direction, and the tone of cooperation rather than confrontation is encouraging Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics and former Treasury official, told Xinhua News Agency that the mutual reduction of tariffs between the United States and China is good news because it avoids some consumer goods price spikes and will to some extent restore business confidence. (New Society)