In a pivotal move, the United States and China have resumed face-to-face trade negotiations in Geneva, aiming to resolve the tariff conflict that has rattled global markets.

Prices will plunge if the United States and China fail to resolve their trade dispute limiting U.S. soybeans from their largest market, agribusiness consultancy AgResource said.

"We're confident that the deal we struck with our Chinese partners will help us work toward resolving that national emergency," Jamieson Greer said.

Geneva: US on Sunday announced a trade deal with China in Geneva, a statement by the White House said. Secretary of the Treasury Scott Bessent said that there was "substantial progress" between the parties. Why are oil prices rebounding from 4-year lows?