# US Treasury Secretary Scott Bessent has described the trade discussions with China as productive and constructive. Officials of the world’s two largest economies met for talks in Geneva, Switzerland, over the weekend. This comes after president Donald Trump imposed sweeping 145-percent tariffs on most Chinese goods last month. China retaliated with 125-percent on US goods. Bessent says the two countries have made substantial progress on de-escalating the trade war. China’s vice premier He Lifeng said the talks were in-depth and candid.
US-China have made substantial progress on de-escalating the trade war