💨 Abstract

Treasury Secretary Scott Bessent reported "substantial progress" in U.S.-China trade talks in Geneva. Both sides reported a positive outcome, but specific details were not disclosed. President Trump announced "great progress," and adviser Kevin Hassett suggested China is eager to reset trade relations, with further deals pending. The meeting marked the first face-to-face interaction since high tariffs were imposed. The U.S. aims to reduce its trade deficit with China and encourage market reforms.

Courtesy: theprint.in