China’s Vice Premier “achieved great progress” in Switzerland’s trade negotiations – Economic Times Video
On May 11, Talifeng said that the trade dialogue with the United States in Switzerland was frank, in-depth and constructive. “The meeting made significant progress and a significant consensus was reached,” he said in Geneva after the negotiations. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said earlier Sunday that they had reached an agreement with China to reduce the U.S. trade deficit, describing “substantial progress” in high-risk negotiations with Chinese officials, but did not provide two days of negotiations in Geneva. The meeting was the first face-to-face interaction between senior U.S. economic officials since Trump took office and launched a global tariff blitzkrieg, initially declared a national emergency against the U.S. fentanyl crisis and imposed a new 20% tariff on Chinese goods in February.
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