US Officials Report ‘Substantial Progress’ After Trade Talks With China, Details Due Monday

The full details will be released on May 12, Treasury Secretary Scott Bessent said.

U.S. Treasury Secretary Scott Bessent (L) and U.S. Trade Representative Jamieson Greer (R) speak to the media after talks between senior U.S. and Chinese officials on tariffs at the residence of the permanent Swiss ambassador to the United Nations in Geneva on May 11, 2025. Valentin Rlauraud/AFP via Getty Images

U.S. officials on May 11 said they made progress after two days of trade talks with Chinese officials in Switzerland, with details to be released on Monday.

U.S. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in Geneva over the weekend to de-escalate trade tensions after the two countries imposed substantial tariffs on each other in recent months.