The U.S. and China concluded two days of trade talks in Switzerland with a sense of optimism, showcasing substantial progress despite existing tensions. Treasury Secretary Scott Bessent and Vice Premier He Lifeng both confirmed the talks were professional and collegial, and indicated that ongoing dialogue would be key in addressing differences. A new consultation mechanism will take shape involving senior officials from both nations. Both sides expressed hope that the apparent differences are perhaps not as pronounced as originally believed, paving the way for potential future agreements.
U.S. Treasury Secretary Scott Bessent described the talks as "productive" and noted substantial progress, with an announcement expected on additional details.
Chinese Vice Premier He Lifeng emphasized the collegial and professional atmosphere of the meetings, marking them as an important first step in ongoing dialogue.
U.S. Trade Representative Jamieson Greer highlighted the speed of reaching agreements, suggesting that the differences may not be as large as previously thought.
He Lifeng acknowledged that while friction points remain, the discussions were candid, in-depth, and constructive throughout the weekend.
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