US Secretary of the Treasury Scott Bessent and Trade Representative Ambassador Jamieson Greer announced Sunday that significant progress has been made in high-level trade negotiations between the United States and China.
The talks, held over two days in Switzerland, aimed to address longstanding trade imbalances and escalating economic tensions between the two global powers.
In a press availability with reporters, Bessent praised the Swiss government for hosting the negotiations, describing the venue as conducive to productivity.
“We made substantial progress between the United States and China in the very important trade talks,” he said, adding that details will be released on Monday about the discussions that included Chinese officials, including the country’s vice premier and two vice ministers.
Ambassador Greer said the talks were “very constructive,” and that they proceeded with at a good pace.
“There was a lot of groundwork that went into these two days,” Greer said. “Just remember why we’re here in the first place — the United States has a massive $1.2 trillion trade deficit, so the President declared a national emergency and imposed tariffs. We’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency.”
The trade deficit has been a central focus of the Trump Administration’s economic policy, with tariffs and other trade measures aimed at leveling the playing field between American and foreign markets.
If anyone can fix this mess, Trump can.
Exactly right John. The WSJ and the mass media would have you believe the sky is falling. China will come to the table or they are doomed, same goes for Canada.
The left can’t stand efficient government which shows everyone their Marxist lean. Apparently they need something to bitch about.