US touts 'substantial progress' in tariff talks with China
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U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will both meet with their Chinese trade and economic counterparts in Switzerland.
The president's social media post could signal movement that would ease fears among consumers, businesses and the markets.
GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.
US employs tariffs as a ‘weapon to exert maximum pressure and seek self-interest,’ says China’s assistant foreign minister - Anadolu Ajansı
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.
Markets are in a cheery mood after trade talks between the US and China in Switzerland over the weekend yielded what both sides described as encouraging progress. Treasury Secretary Scott Bessent hailed "substantial progress" following "productive" discussions. Details are expected Monday, he said in a statement.