On Sunday (11), US Treasury Secretary Scott Beesen told “big progress” in US negotiations with the main economic authorities in China to appease a harmful trade war, and there was a deal, but it did not provide details after two days of negotiations in Geneva.
Pesin told correspondents that the details will be announced on Monday (12) and that US President Donald Trump was fully aware of the results of “productive talks”.
The American commercial actor, Jameson Jarir, who participated in negotiations with the Chinese Deputy Minister of Loveng and two Chinese deputies, described the conclusion as a “agreement that we close with our Chinese partners” would help reduce the world trade deficit of $ 1.2 trillion.
“This was, as Al -Amin pointed out, two days very constructive,” said Jarir.
The meeting was the first facial interaction between Bessent, Greer and He since the world’s two largest economies that imposed a tariff much higher than 100 % of each other’s products.
Although Bessent said that the bilateral customs tariff was very high and needed to reduce it as a scale to reduce tension, it did not provide details about the agreed cuts and did not answer the questions from the correspondents.
Previously, White House Economic Adviser Kevin Haysit said that the Chinese were “very keen” to engage in discussions and balance trade relations with the United States.
Hayet Fox News also told that more foreign trade agreements with other countries can be signed later this week.
At night, Trump read a positive reading of the negotiations, saying that both sides had negotiated “complete restart … in a friendly but constructive way.”
“A very good meeting with China today in Switzerland. I discussed many things, many correct things,” Trump posted on the social truth platform.
“We want to see, for the sake of China and the United States, the opening of China to American business. Significant progress !!!” Trump added, without further details about progress.
Speaking of “Future on Sunday morning” with Maria Business, Haysit said that Beijing is keen to restore trade relations with the United States.
“It seems that the Chinese are very keen to cooperate and normalize things,” Haysit said.
Hessate also stated that more commercial agreements may be imminent after announcing an agreement with the United Kingdom last week. He said he was informed by the Minister of Commerce, Howard Lootnick, about twenty distinguished agreements with the representative of Greer Commerce.
“They are all similar to the United Kingdom’s agreement, but each of them is dedicated,” Haysit said.
Meeting
The negotiating teams met in the village of the Swiss Ambassador, closed to the United Nations, and overlooking Lake Geneva, in the suburb of Colonia. Mercedes Black, with sirens, moved a trip back and forth to the scene of the accident, and thwarted the rising sun.
The neutral Switzerland was chosen as the headquarters of Swiss politicians on recent visits to China and the United States.
Washington is trying to reduce its trade deficit of $ 295 billion with Beijing and persuade China to abandon what the United States claims to be a commercial economic model and contribute more to global consumption, a change that requires political reforms sensitively.
(With information from Emma Faraj, John Reville and Douglas Gilison, from Reuters)
