The White House claims that China trade has been reached after “productive” of Geneva’s talks American news star-news.press/wp

The White House announced on Sunday that the trade agreement with China was hit after two days of talk in Geneva.

The announcement, in the public statement, came after the US Ministry of Treasury Scott Bessent, said “significant progress” in the talks between his team and Genevska, between the two largest economies performed by 145% tariffs Donald Trump 145%.

In the notes that were Published on Social Media Nonsent, Bessent said he would give more details on Monday, “but I can tell you that the talks were productive.”

“I am happy to report that we have achieved significant progress between the United States and China in very important trade negotiations,” Sensent told reporters.

American Commerce Member, Jamieson Greer, who spoke next to Bissent, proposed stronger that an agreement was reached.

“It’s important to understand how fast we could reach an agreement, which reflects that maybe the differences would not be as big as it may have thought,” Greer said.

“Just remember just why we’re here in the first place,” he added. “The United States has a massive trading deficit of $ 1.2 trillion, so the president declared a national emergency and imposed tariffs, and we were convinced that we would have hit our Chinese partners to address ourselves, working to address this national emergency.”

Besen said he informed Trump on the progress of the conversation.

The meeting was the first interaction face to face between Bessent, Greer and the two largest world economies imposed tariffs significantly above 100% on each other.

Although the Bessent said that bilateral tariffs are too much and necessary to descend in the cessation of escalation, he did not offer any details on reducing agreed and did not take any issues from journalists.

Saturday night, Trump wrote On their social media platform that the two sides worked on “total reset … in friendly but constructive, way.”

“Many fell silent, much agreed,” Trump announced. “We want to see, for good and China and the United States, by opening China to American Business. Great progress made !!!” “Trump added. Trump rhetoric, that the China should” open “to American business, it seems to have neglected half a century from the two countries from one of his political heroes, Richard Nixon, visited China in 1972. years.

The U.S. secretary, Howard Lutnick, confirmed for CNN that the US will continue to keep “10% of the basic tariff for the foreseeable future” even on imports from the nation.

On Sunday, Kevin Hassett, the director of the National Economic Council, said: “What will happen in all the likes to restart. Looks like Chinese people are very eager to play ball and renormalized things … actually renewing the relationship that is great for both of us.”

Last week, trump card and Prime Minister of Great Britain, Keir Starmer, announced a limited bilateral trade contract.

Hassett said that in the UK provided a “really exciting draft” and that he was familiar with 24 work with other nations that are in the works. “They all look a little as in the UK, but each regained it,” he said.

Meanwhile, Lutnick fired reports on ports and trucks that lost their job as a result of the tariff.

“This is just a Chinese problem right now,” Lutnick said. “The rest of the world is 10% (tariffs). So don’t overdo it.”

“The prices will remain stable after this policy is over,” Lutnick added.

Reuters contributed to reporting