Trump says China violated temporary trade agreement
Digest more
U.S. Treasury Secretary Scott Bessent on Sunday reported "substantial progress" in U.S. talks with China's top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.
The US and China both reported “substantial progress” after two days of talks in Switzerland aimed at de-escalating a trade war, marking what Chinese Vice Premier He Lifeng called “an important first step” toward resolving differences.
WASHINGTON − Top Trump administration officials said they reached a trade agreement ... "China-US economic and trade consultation mechanism" and said both parties will "finalize the relevant ...
Tensions flared in Bolivia's administrative capital La Paz on Friday as supporters of former President Evo Morales gathered outside the electoral court, demanding his reinstatement as a candidate in this year's presidential race.
Hours after the US and China announced the truce, the White House said Washington will slash the tariff on small parcels from mainland China and Hong Kong. The so-called "de minimis" tariff on China shipments has been cut from 120 per cent to 54 per cent for small packages worth up to $800 (£606).
Though he 'trusts' President Trump, Nvidia CEO Jensen Huang says banning sales of its H20 GPUs to China means that $50 billion market 'is effectively closed to US industry.'
China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday.
US stocks end little changed after Trump says China violated tariff terms. Administration maps new curbs. Investors shrug off cooler inflation data.