Treasury Secretary Scott Bessent on Sunday said the Trump administration has made “substantial progress” in trade negotiations between the U.S. and China.
Bessent and United States Trade Representative Jamieson Greer have been engaging with China in Geneva, Switzerland, on how to strike a more fair trade deal with China.
Bessent said in a statement:
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. We had the vice premier, two vice ministers, who were integrally involved, Ambassador Jamieson, and myself. 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.
.@SecScottBessent says there has been a "great deal of productivity" in trade talks with China: "We will be giving details tomorrow, but I can tell you that the talks were productive." pic.twitter.com/v85uugnMnV
— Rapid Response 47 (@RapidResponse47) May 11, 2025
