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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