U.S. and China Make Breakthrough in Tariff Talks After Two-Day Negotiations in Geneva

Report by Safarti Tarjuman Business Desk

The United States and China have made what officials described as “substantial progress” during two intensive days of trade negotiations aimed at easing tensions from a long-running tariff standoff that has disrupted global commerce.

The talks, hosted at the residence of the Swiss ambassador to the United Nations in Geneva, marked a critical turning point in efforts to de-escalate the economic conflict sparked by President Donald Trump’s sweeping tariffs and China’s retaliatory measures.

U.S. Treasury Secretary Scott Bessent, who led the American delegation, called the meetings “very productive,” noting that the pace of the discussions signaled a narrowing divide between the two global powers.

“We have achieved significant momentum,” Bessent told reporters. “Further details on the agreements reached will be shared in the coming days.”

David Greer, the lead U.S. trade negotiator, emphasized the rapid progress, suggesting that the perceived differences between Washington and Beijing may have been overestimated. “The speed at which we moved forward shows how much common ground there truly is,” he said.

While Chinese officials have not publicly commented on the meetings, state media issued a statement before the second day of talks, stressing that China would oppose any proposal that compromises its national principles or economic sovereignty.

Though no official trade agreement has been announced, both sides are expected to continue dialogue with a focus on dismantling tariffs and restoring confidence in the global supply chain.