U.S. hints at ‘an agreement’ in tariff talks with China as White House signals reboot in relations

Quick Summary:

"It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.

At such high levels, trade between the world's two largest economies would come to a near-total halt.

While both sides have allowed some tariff exemptions, Bessent previously acknowledged that the current situation is not sustainable.

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Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United StatesChina

Topics: Donald Trump Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-11 @ 16:57:07 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 5 lines

Sentence Length: 83 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28574525

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Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 8 hours ago

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