State media signaled Thursday that China may be open to entering trade talks with the U.S., boosting hopes that the world’s two largest economies will be able to strike a deal on tariffs. Any signs that trade tensions are easing would be good news for investors,

After three months of bluster and huge tariffs on both sides, Beijing and the Trump administration are softening their language on holding negotiations.

U.S. Trade Representative Jamieson Greer said on Wednesday that the Trump administration expects to conclude initial tariff deals with some U.S. trading partners within weeks, but negotiations with India are not yet "finish-line close" and no official talks with China are underway.