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Bessent hopeful future US-China trade talks will lay groundwork for 'more fulsome agreement'

Upworthy Monday, 12 May 2025 ()
Treasury Secretary Scott Bessent said Monday that he expects to continue trade negotiations with Chinese officials after meeting in Geneva, though he offered no timeline beyond the 90-day pause on reciprocal tariffs that was hashed out over the weekend. "We got a lot done over two days, so I would…
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Video Credit: Oneindia - Published
News video: U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause

U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause 03:49

 In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S. cutting its tariffs from 145% to 30%, and China slashing its tariffs from 125% to 10%. But is this...

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