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US, China reach deal to cut trade deficit, US officials say, details on Monday
U.S. Treasury Secretary Scott Bessent on Sunday reported "substantial progress" in U.S. talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.
U.S. says deal struck in tariff talks with China will help global trade deficit as White House signals reboot in relations
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
Tracking Trump: Trade talks with China to begin; how the federal deficit has grown; Trump’s new surgeon general pick; and more
President Donald Trump suggested lowering tariffs on China ahead of trade talks. By how much? From current 145 percent levels down to 80 percent. China currently has 125 percent tariffs on U.S.-made goods. Trump’s treasury secretary and Chinese officials will meet this weekend.
Lutnick: Trump admin looking to de-escalate tariff war, ‘but get China trade right’
Commerce Secretary Howard Lutnick said during a recent interview that President Trump’s administration is looking to deescalate the ongoing tariff war but first will need to get the China trade
Markets reel on US, China landmark trade deal
Geneva trade breakthrough surprises investors as U.S. and China move quickly to resolve $1.2 trillion deficit.
Trump on China: "By Not Trading, We're Losing Nothing, So We're Saving A Trillion Dollars, That's A Lot"
President Trump answered a question on tariff negotiations with China during an Oval Office photo op with the Canadian prime minister on Tuesday. QUESTION: Mr. President, I was hoping you would clarify something.
Reuters2d
US, China hail 'constructive' Geneva trade talks, details due Monday
GENEVA, May 11 (Reuters) - The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while Chinese ...
US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs
The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump’s latest — and most sweeping — tariffs taking effect.
Nikkei Asia2d
China reaches deal to cut trade deficit, US officials say
GENEVA (Reuters) -- U.S. Treasury Secretary Scott Bessent on Sunday reported "substantial progress" in U.S. talks with China's top economic officials to de-escalate a damaging trade war but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.
US officials say deal struck to cut China trade deficit, details on Monday
U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said on Sunday they reached a deal with China to cut the U.S. trade deficit, describing "substantial progress" in high-stakes talks with Chinese officials but offering no details as two days of negotiations concluded in Geneva.
U.S. Treasury Secretary says "substantial progress" made in China tariff talks but details remain scarce
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
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