During a recent round of trade talks in Geneva, U.S. officials expressed optimism about the progress made with China. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer reported a productive negotiation session. Bessent noted substantial progress, while Greer highlighted the speed of reaching agreements, suggesting that the differences between the countries could be less significant than anticipated. The discussions aimed to de-escalate ongoing tensions exacerbated by high tariffs. While the U.S. side is enthusiastic, responses from Beijing remain pending, as they have yet to comment on the negotiations.
US Treasury Secretary Scott Bessent noted a "great deal of productivity" in the talks, indicating that substantial progress has been made in the trade negotiations.
US Trade Representative Jamieson Greer highlighted the quick agreements reached during the talks, suggesting the differences may have been smaller than initially perceived.
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