Trade deal with China reached: White House; US officials say
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Updated at: 2 days ago
{"content":"Trade deal with China reached: White House; US officials say details today
US Trade Representative Ambassador Jamieson Greer also said it was important to recognise how quickly both nations were able to come to an agreement
The White House on Sunday said that US and China have reached a trade deal in Geneva after the two day long trade talks between the two countries. US Secretary of the Treasury Scott Bessent described the discussions as ‘productive’ and said further details would be released on Monday, according to a White House statement.
I’m happy to report that we made substantial progress between the United States and China in the very important trade talks. We will be giving details tomorrow, but I can tell you that the talks were productive,” Bessent said, as per the statement.
US Trade Representative Ambassador Jamieson Greer also said it was important to recognise how quickly both nations were able to come to an agreement — suggesting that the differences may not have been as wide as previously thought.
That being said, there was a lot of groundwork that went into these two days. Just remember why we’re here in the first place — the United States has a massive $1.2 trillion trade deficit, so the President declared a national emergency and imposed tariffs, and we’re confident that the deal we struck with our Chinese partners will help us work towards resolving that national emergency,” Greer said.#TariffImpact ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/12/a4e6e5af12b94e60b7d5b77a23e9e173.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}