China, trade deal
Digest more
Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.
US officials met with their Chinese counterparts for the first time on Saturday to go head-to-head over President Trump’s tariff war.
Markets are in a cheery mood after trade talks between the US and China in Switzerland over the weekend yielded what both sides described as encouraging progress. Treasury Secretary Scott Bessent hailed "substantial progress" following "productive" discussions. Details are expected Monday, he said in a statement.
The ‘Fox & Friends Weekend’ co-hosts discuss President Donald Trump’s remarks on reaching a fair tariff deal with China as Treasury Secretary Scott Bessent begins high-level negotiations in Switzerland.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Xi Jinping's decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. After two days of high-stakes talks in Switzerland, trade negotiators from the world's biggest economies announced Monday a massive
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
With distrust running high, both sides have been keen not to appear weak, and analysts have low expectations of a breakthrough.