China, trade deal and talks in Switzerland
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The US and China have agreed on a deal to help resolve the trade war raging between the world’s two largest economies, top Trump administration officials announced Sunday. Details of the deal, struck during negotiations in Switzerland over the weekend,
Chinese imports to the U.S. currently face up to 245% in cumulative levies on some goods, while American goods headed to China face a 125% import tax. The Switzerland talks will primarily take place between Treasury Secretary Bessent along with U.S. Trade ...
U.S. stocks climbed Monday after Treasury Secretary Bessent touted substantial progress on talks with the Chinese setting up a busy week of trade talks as President Trump heads to the Middle East. In economic and earnings news,
3don MSN
GENEVA (AP) — The U.S. Treasury Secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy.
David Gura, Anchor and Correspondent for Bloomberg News and Sam Stein, Managing Editor for The Bulwark joins Nicolle Wallace on Deadline White House to discuss the fallout from the 90 day pause on significant tariffs that was agreed to by the United States and China and how the unpredictability of the American President has given China a lane to persuade countries that used to be our reliable trading partners to work with President Xi.