Trump officials say trade deal reached with China but details remain unclear
Senior officials from the Trump administration announced that the United States and China have reached a trade agreement following two days of negotiations in Geneva. This development is seen as a significant achievement for President Donald Trump amid ongoing trade tensions with Beijing. The White House confirmed the deal in a statement released on May 11, though specific details were not disclosed. The agreement materialized more swiftly than many had anticipated, especially after the U.S. imposed 145% tariffs on Chinese imports, effectively stalling approximately $600 billion in annual trade between the two largest global economies. U.S. Trade Representative Jamieson Greer, speaking from Geneva, emphasized the rapid consensus, suggesting that the differences between the two nations might not have been as substantial as previously thought.
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