US announcement comes after treasury secretary touted progress in two days of talks with Chinese vice-premierThe White House announced on Sunday that a trade deal with China has been struck after two days of talks in Geneva.The announcement, in a press release, comes after US treasury secretary Scott Bessent told reporters that there had been “substantial progress” in talks between his team and that of the Chinese vice-premier, He Lifeng, in Geneva on defusing the trade war between the world’s two largest economies sparked by Donald Trump’s 145% tariffs. Continue reading... Source link : https://www.theguardian.com/us-news/2025/may/11/us-china-trade-talks-geneva-intended-de-escalate-tensions-lutnick Author : Robert Mackey and