United States and China have achieved a “Substantial progress” In his first negotiations since the trade war broke out, American Treasury Secretary said Sunday, Scott Betting, 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 Greerin which no questions were admitted, both praised the “diligence” with which the Chinese negotiators worked during this weekend.
“I can tell you that conversations have been productive”Besent said, who indicated that early tomorrow will be informed in detail about the advances achieved in Washington.
The Treasury Secretary emphasized that the conversations developed with an obvious spirit of “Cooperation, shared interests and mutual respect.”
“As Secretary Besent has said, they 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.
He also said that no one should lose sight of these negotiations, and recalled that Its objective is to solve 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 -Wo that none offered details- “with our Chinese partners” will contribute to solve that deficit.
These statements clearly point to a de -cast of the commercial war in which both powers have been immersed since the beginning of April, with crossed tariffs of 145 % for Chinese and 125 % products for Americans, that in practice equals commercial embargo levels.
