Treasury Secretary Scott Bessent announced Sunday that “substantial progress” was made with China during key trade talks in Switzerland, adding more information will be released Monday.
After weeks of a tariff standoff between the U.S. and China, Bessent told Fox News he’d be meeting with Chinese officials Saturday in Switzerland. In a White House statement, Bessent thanked the Swiss government for hosting the Geneva talks and noted there had been a “great deal of productivity.”
“I’m happy to report that we made substantial progress between the United States and China in the very important trade talks. First, I want to thank our Swiss host. The Swiss government has been very kind in providing us this wonderful venue, and I think that led to a great deal of productivity we’ve seen. We will be giving details tomorrow, but I can tell you that the talks were productive,” Bessent said Sunday.
“We had the vice premier, two vice ministers, who were integrally involved, Ambassador Jamieson, and myself,” Bessent added. “And I spoke to President Trump, as did Ambassador Jamieson, last night, and he is fully informed of what is going on. So, there will be a complete briefing tomorrow morning.”
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