US, China hail 'substantial progress' after trade talks in Geneva

Geneva (AFP) May 11, 2025

The United States and China on Sunday said progress had been made after a weekend of talks aimed at de-escalating trade tensions sparked by President Donald Trump's aggressive tariff rollout. The increasingly ugly trade spat between Washington and Beijing has rocked financial markets and raised fears of a global economic slowdown, and an inflationary spike in the United States. "We've ma