US-China resume trade talks

- Washington and Beijing confirmed the resumption of high-level trade discussions, prompting a global market rally on hopes of fewer disruptive surprises between the two economies. - Markets rallied even as the US broadened coercive trade tools, opening a Section 301 probe into Brazil that touches digital trade, ethanol access and intellectual property. - Diplomacy resumes as coercive trade tools expand, leaving exporters such as Tesla and chip leader Nvidia exposed. (boldnewsonline.com) (tradecomplianceresourcehub.com)