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US and China tout progress in trade talks, offer few details

Bangkok Post Monday, 12 May 2025 ()
The United States 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” towards resolving differences.
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Video Credit: AFP English - Published
News video: US and China agree to slash tit-for-tat tariffs temporarily: US trade chief

US and China agree to slash tit-for-tat tariffs temporarily: US trade chief 01:11

The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30 percent and Chinese duties cut to to 10 percent, the US trade chief says. Following a weekend of trade talks in Geneva, US Treasury Secretary Scott Bessent and Trade Representative...

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