Core Viewpoint - The recent joint statement from the US-China Geneva trade talks has brought relief to American businesses, particularly in the hospitality sector, allowing them to resume importing goods from China without the burden of high tariffs [1][4]. Group 1: Impact of Tariffs on Business - The tariffs imposed by the Trump administration significantly increased costs for American businesses, with tariffs on certain goods rising from 20% to 145%, making imports financially unfeasible [2][3]. - A specific case highlighted is that of an American businessman, who faced a dilemma over whether to ship goods due to the high tariffs, which could exceed the cost of the goods themselves [3]. Group 2: Future Business Plans - The businessman had plans to transition into a professional foreign trade role, aiming to connect high-quality Chinese products with more overseas clients, but the tariff situation cast doubt on these ambitions [4]. - With the new trade agreement, there is optimism that the businessman can save over a million in tariff costs on shipments arriving in the US, allowing him to continue his plans for international trade [4]. Group 3: Upcoming Trade Forum - A trade forum titled "2025 China Enterprises Going Global Summit" is scheduled for June 28-29 in Shenzhen, focusing on strategies for emerging markets and providing a platform for resource connection and policy discussions [4].