White House claims China trade deal reached after ‘productive’ Geneva talks

US announcement comes after treasury secretary touted progress in two days of talks with Chinese vice-premierThe White House announced on Sunday that a trade deal with China has been struck after two days of talks in Geneva.The announcement, in a press release, comes after US treasury secretary Scott Bessent told reporters that there had been “substantial progress” in talks between his team and that of the Chinese vice-premier, He Lifeng, in Geneva on defusing the trade war between the world’s two largest economies sparked by Donald Trump’s 145% tariffs. Continue reading...

May 11, 2025 - 21:23
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White House claims China trade deal reached after ‘productive’ Geneva talks

US announcement comes after treasury secretary touted progress in two days of talks with Chinese vice-premier

The White House announced on Sunday that a trade deal with China has been struck after two days of talks in Geneva.

The announcement, in a press release, comes after US treasury secretary Scott Bessent told reporters that there had been “substantial progress” in talks between his team and that of the Chinese vice-premier, He Lifeng, in Geneva on defusing the trade war between the world’s two largest economies sparked by Donald Trump’s 145% tariffs. Continue reading...