China and USA Strike Deal After Two Days of Trade Talks in Geneva

After two intensive days of negotiations in Geneva, officials from the United States and China have reportedly found common ground on key trade issues, paving the way for a new agreement aimed at narrowing the U.S. trade deficit.

The talks, which brought together top-level representatives from both nations, concluded with what U.S. Treasury Secretary Scott Bessent described as “meaningful progress.”

While the exact terms remain under wraps for now, a formal announcement is expected early next week.

Held at the Swiss ambassador’s residence, the discussions marked a significant thaw in trade tensions, with both parties appearing more aligned than many had anticipated. U.S. Trade Representative Jamieson Greer confirmed the breakthrough, referring to it as a mutual deal reached with their Chinese counterparts.

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