China, Switzerland and trade negotiations
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Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.
“A very good meeting today with China, in Switzerland ... have roiled global markets and supply chains before talks can begin, reports claim. AFP via Getty Images The president revealed his first trade deal with the UK on Thursday, leaving the 10% ...
The Switzerland talks will primarily take place between Treasury Secretary Bessent along with U.S. Trade Representative Jamieson Greer and Vice Premier He Lifeng, a top Chinese economic official. During the trade war in President Trump's first term in 2019 ...
The U.S.-China trade war has gone through multiple rounds of tariffs and retaliatory measures. In a span of three months, the tax on products imported to the U.S. from China went from 10% in February to 145% in April.
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Xi Jinping's decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. After two days of high-stakes talks in Switzerland, trade negotiators from the world's biggest economies announced Monday a massive
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
US equity markets posted modest declines this past week after the Fed held rates steady and maintained its wait-and-see approach. Learn more about the market here.