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.
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Source link : https://www.theguardian.com/us-news/2025/may/11/us-china-trade-talks-geneva-intended-de-escalate-tensions-lutnick
Author : Robert Mackey and agencies
Publish date : 2025-05-11 19:59:00
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