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White House announces trade deal with China

The White House said the United States and China have made "substantial progress" on key trade issues during two days of high-level talks in Geneva, Switzerland.

USA Today and CNN editions and the White House X-account reported this on Sunday, May 11.

The United States and China were able to reach a trade deal after two days of talks in Geneva. This is stated in a message from the White House, but without disclosing details.

Photo: x/WhiteHouseФото: x/WhiteHouse

"I’m happy to report that we made substantial progress between the United States and China in very important trade talks," Treasury Secretary Scott Bessent said.

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Recall that a few hours earlier, US President Donald Trump announced "one of the most important truths" on his social network Truth Social.

As the Ukrainian News agency earlier reported, on April 9, Trump increased tariffs on China to 125% and announced a 90-day pause for other countries.

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