U.S. Trade Secretary Scott Bessent said neither the U.S. nor China want to see a decoupling in their relationship, as each agreed to lower tariffs for 90 days.

The lead U.S. negotiator in trade talks with China cited “a great deal of productivity” in resolving differences between the world’s two leading economic powers after officials wrapped two days of bargaining in Switzerland following President Donald Trump’s steep tariffs and Beijing’s retaliation.