The White House announced Sunday that it has reached a trade agreement with China following two days of high-level negotiations in Switzerland, though no specific terms have yet been disclosed and Beijing has not commented on the development. U.S. Trade Representative Jamieson Greer confirmed the announcement in Geneva, saying the agreement would help address what he described as a "national emergency" sparked by the ongoing tariff dispute. "We're confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency," Greer said. Treasury Secretary Scott Bessent echoed the sentiment, noting "substantial progress," but stopped short of confirming a finalized deal. He added that a full briefing would take place on Monday. China's state media has yet to respond to the U.S. announcement, and the 145% tariffs on Chinese goods remain in place for now. However, sources within the administration suggested the new agreement could soon lead to a significant policy shift. The trade announcement follows President Donald Trump's recent deal with the United Kingdom and forms part of a broader administration effort to secure a series of bilateral trade agreements during a temporary tariff freeze. Meanwhile, administration officials continue to engage in indirect talks with Iran, and preparations are underway for potential Russia-Ukraine negotiations in Turkey on May 15. President Trump has urged Ukraine to meet with Russia even if Moscow refuses a preconditioned ceasefire, calling the offer to negotiate "a potentially great day for Russia and Ukraine." — Agencies
