US, China reach deal to cut trade deficit

News

China, Deal

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.

International Business Times Sin… · 4d

US and China Reach Trade Deal to Cut Trade Deficit after Extensive Talks in Switzerland, US Officials Confirm

Bessent said the details of the trade deal would be shared on Monday, adding that U.S. President Donald Trump was fully aware of the outcome of the "productive talks."

Business Recorder · 3d

US, China reach deal to cut trade deficit

described the conclusion as “a deal we struck with our Chinese partners” that will help reduce the $1.2 trillion US global goods trade deficit. “And this was, as the Secretary pointed out ...

The Gazette4d

US and China reach deal to slash tariffs, lifting dollar

GENEVA (Reuters) -The United States and China have agreed a deal to ... U.S. officials touted a "deal" to reduce the U.S. trade deficit, while Chinese officials said the two had ...

US and China reach deal to cut trade tariffs - for now

The US negotiators in trade talks with China say there has been "substantial progress" in resolving differences between the ...

TASS4d

US, China reach deal to cut trade deficit, US officials say, details on Monday — Reuters

The White House explained that the pause is related to trade negotiations, and during this period a universal tariff of 10% will be in effect. The total US duties on goods from China stands at ...