Monday, May 12, 2025

U.S. Says ‘Substantial Progress’ Made in Trade Talks With China

INTRO: Both China and the United States have said that they've made progress at trade talks between the two countries in Switzerland.

US officials touted a "deal" to reduce the US trade deficit, while Chinese officials said the sides had reached "important consensus". Additional details are expected to be announced on Monday, as Laura Westbrook reports.