🔥 The United States officially announces that the two sides have reached a trade agreement.
The United States has announced significant progress in trade negotiations with China in Geneva. Treasury Secretary Scott Bessent stated that the discussions were very effective and involved senior officials from both sides. Further details will be announced at a press conference tomorrow.
U.S. Trade Representative Jamieson Greer emphasized that the two sides reached an agreement quite quickly, indicating that the differences are not large. He also mentioned the context of the U.S. trade deficit of $1.2 trillion and expressed confidence that this agreement with China would help address that issue.
Source: Thuan Capital
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