United States and China They achieved a “substantial progress” in their first negotiations since the trade war broke out, American Treasury secretary, Scott Besent, said Sunday, at the end of two days of meetings between senior officials of both countries in Geneva.
In a brief appearance with the trade representative, Jamieson Greer, in which no questions were admitted, both praised the “diligence” with which the Chinese negotiators worked during this weekend. “I can tell you that the conversations have been productive,” said Besent, who indicated that this early Monday will be informed in a detailed way about the advances achieved in Washington.
China USA
This Monday, the details of the negotiated between the representatives of the US and China will be known, who thanked the Swiss government.
Reuters
-The Treasury Secretary He emphasized that conversations developed with an obvious spirit of “cooperation, shared interests and mutual respect.” “As Secretary Besent said, these have been two very productive days,” Greer insisted.
“It is important to understand how quickly we have been able to reach agreements, which reflects that the differences were not as great as we thought,” said the Alto represents commercial of the United States.
The US government clarified what Donald Trump’s goal is
He also said that no one should lose sight of the reason for these negotiations, and recalled that their goal It is to resolve the “massive” commercial deficit of the United States and that President Donald Trump’s government decided to declare as “national emergency.”
He added that the American party has confidence that the agreement that has been reached in Switzerland – of which none offered details – “with our Chinese partners” will contribute to resolving that deficit.
These statements clearly point to a Disabled of the commercial war in which both powers have been immersed since the beginning of April, with 145 % cross tariffs For Chinese and 125 % products for Americans, which in practice equals commercial embargo levels.
