GENEVA — The White House announced Sunday it had reached a trade agreement with China, following two days of negotiations in Switzerland. While Beijing has yet to respond to Sunday’s developments formally, U.S. officials described the outcome as a step forward in de-escalating ongoing trade tensions.
“We’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency,” said U.S. Trade Representative Jamieson Greer, speaking to reporters in Geneva.
Treasury Secretary: Progress, But Not a Full Victory Yet
While Greer struck an optimistic tone, Treasury Secretary Scott Bessent offered a more cautious assessment. “Substantial progress” had been made, he said, but he stopped short of declaring the negotiations a complete success.
The deal comes amid a broader White House push to secure trade wins during a reciprocal tariff pause, which temporarily freezes duties on goods moving between major global partners.
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U.S. Also Announces Trade Pact with the United Kingdom
Just days earlier, on Thursday, President Donald Trump revealed a separate trade agreement with the United Kingdom, signaling what the administration hopes will be the first in a wave of new international accords.
During the announcement, UK Prime Minister Keir Starmer joined the conversation via speakerphone in the Oval Office, with both leaders acknowledging that while a framework is in place, details of the deal are still being finalized.
