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,

China’s economy showed its first big signs of damage from the trade war, as steep U.S. tariffs pummeled export orders and production at the country’s factories. A gauge of new export orders fell in April to its lowest reading since Covid-19 was ravaging the country in 2022,