GENEVA: Following a weekend of negotiations intended at reducing trade tensions triggered by President Donald Trump’s aggressive tariff launch, the United States and China announced on Sunday that progress had been made.
Financial markets have been shook by the increasingly acrimonious trade dispute between Washington and Beijing, which has sparked concerns of a worldwide economic slowdown and a surge in inflation in the US.
Following the second day of talks, US Treasury Secretary Scott Bessent told reporters in Geneva, “We’ve made substantial progress between the United States and China in the very important trade talks.”
