He didn't go so far as to say an agreement was reached, though the White House did, putting the headline "US Announces China Trade Deal in Geneva" on a transcript of Bessent's remarks on its website . Signs of a truce in the trade war sparked by President Trump's tariffs would pump up the financial markets, per the New York Times, and reassure those fearing it will bring the global economy down. Later Sunday, per the AP, the Chinese delegation held a news conference in Geneva in which it described the weekend talks as "candid, in-depth and constructive dialogue."
Author: Bob Cronin
Published at: 2025-05-11 21:40:00
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