Treasury Secretary Scott Bessent said on Sunday that the Trump administration has made progress in trade negotiations with China.

"We will provide details tomorrow." But I can tell you that the negotiations are valid," Becent told the media from Switzerland on Sunday. "We have the deputy prime minister, two deputy ministers are involved in it head-on, ambassador Jamison (Greer) and myself. I spoke with President Trump last night like Ambassador Jamison and he has fully understood what is going on. ”

Trump administration has put tariffs on Chinese goods up to 145% as the president hopes to bring balance to the United States Chronic trade deficit With foreign countries. Trump suspended his April 2 reciprocal tariff plan for dozens of countries as countries called on the government to sign trade deals, but he traded China after Beijing rebuked Trump's trade policy with its own tariffs, including a 125% tax on U.S. goods.

carnival U.S. Trade Representative Jamieson Greer met with their Chinese counterparts in Switzerland this weekend to discuss the economic future of these countries, which Trump addressed in his Truth Social Post on Saturday night.

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"A lot of things were discussed, very agreeable. The overall reset was carried out in a friendly but constructive way. We hope to see that China opens up to American commerce for the sake of China and the United States. Great progress has been made!!!" He posted the Truth Social.

Ministry of Commerce of China Earlier this month, officials were "evaluating" the Trump administration's proposals to demand trade talks on U.S. tariffs on 145% of Chinese goods.

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"The United States has adopted the initiative several times recently to convey its message to China through relevant various related topics and expressed its desire to talk to China," the statement said. According to Reuters.

Trump and the administration have previously said they are willing to engage in trade talks with China, including the president on April 8 saying: "We are waiting for their call. This will happen."

Trump says China's 80% tariffs seem to be correct ahead of weekend talks with Beijing

China's latest news after the Trump administration signed a separate trade deal with the UK last week is the first trade deal signed since the announcement of Trump's "Liberation Day" on April 2, an announcement that global tariffs on countries around the world have been announced as the government hopes to ultimately trade barriers to U.S. goods, and even a competitive environment for U.S. exports.

"Through this deal, Britain joins the United States, confirming reciprocity and equity are important and crucial principles of international trade," Trump said on Thursday. "The deal includes billions of dollars in U.S. export market acquisition, especially in agriculture, with a substantial increase in U.S. beef, ethanol acquisition, and almost all the products produced by our great farmers."

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The UK deal made the existing 10% tariffs violate British goods, while removing some import duties for items such as steel and cars.