Monday, 12 May 2025

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US, China hail 'constructive' Geneva trade talks, details due Monday

 Published: 11:58, 12 May 2025

US, China hail 'constructive' Geneva trade talks, details due Monday

The US and China ended high-stakes trade talks on a positive note on Sunday, with US officials touting a "deal" to reduce the US trade deficit, while Chinese officials said the sides had reached "important consensus" and agreed to launch another new economic dialogue forum.

Neither side released details after they wrapped up two days of talks in Switzerland. Chinese Vice Premier He Lifeng said a joint statement would be released in Geneva on Monday. Vice Commerce Minister Li Chenggang said it would contain "good news for the world."

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