US-China Tariff Talks Resume In Geneva
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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.
The Trump Administration says it has reached a trade deal with China following a meeting between top officials of both countries in Geneva, Switzerland this weekend.
Switzerland and the United States have agreed to accelerate their trade talks and are determined to reach an agreement quickly, Swiss President Karin Keller-Sutter said on Friday, without specifying a time frame.
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The meeting could be a first step toward resolving a trade war started by President Donald Trump that is disrupting the global economy.
The White House has issued a statement saying the U.S. announced a China trade deal after the conclusion of talks between the U.S. and Chinese delegations in Switzerland on Sunday. But it wasn't immediately clear whether a deal had actually materialized.
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