US Secretary of Treasury Scott Bessent declared that trade discussions with Chinese leadership were “very productive.” Bessent delivered this message from Switzerland — where he joined influential conversations with top Chinese leaders to help foster this collaboration.

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

US Trade Representative Ambassador Jamieson Greer also said it was important to recognise how quickly both nations were able to come to an agreement