The United States and China are set to give more detail on Monday about progress made during a weekend of marathon trade negotiations in Geneva, Switzerland by officials from the world’s two largest economies. Washington played up progress toward a “deal” on Sunday after the talks concluded, while Beijing touted mutual agreement to begin a formal economic and trade negotiation process. The Chinese delegation told a press conference the two sides planned to finalize the details of the “consultation mechanism” as soon as possible and would release a joint statement Monday. Global investors are cheering a thaw in the ... (full story)