China celebrates hard-line stance
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The US and China have agreed on a deal to help resolve the trade war raging between the world’s two largest economies, top Trump administration officials announced Sunday.
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 told reporters that more details would be provided on Monday.
US officials met with their Chinese counterparts for the first time on Saturday to go head-to-head over President Trump’s tariff war.
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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China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.
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Travel Noire on MSNWhat Does The US-China Trade Deal Mean For Travel?T he United States and China have agreed to de-escalate their trade war for an initial 90-day period. Negotiations between the two countries took place over the weekend in Geneva,
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Treasury Secretary Scott Bessent is poised to launch trade negotiations with China in Switzerland on Saturday.
The United States and China reached a trade deal early Monday, ending a monthslong tariff standoff that worried global markets. The new deal will reduce U.S. tariffs on Chinese imports from 145% to 30% and decrease China’s tariffs on American imports from 125% to 10% for 90 days.