Tidbits, China Trade Deal, Screwworm, FOB 5/12/25
- Wright team
- May 12
- 4 min read
Highlights
The White House issued this press release shortly after 1:15 PM EDT Sunday:
Reuters News Service, May 11, 2025:17 PM EDT: The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while Chinese officials said the sides had reached "important consensus" and agreed to launch another new economic dialogue forum.
Neither side released details after they wrapped up two days of talks in Switzerland. Chinese Vice Premier He Lifeng said a joint statement would be released in Geneva on Monday. Vice Commerce Minister Li Chenggang said it would contain "good news for the world."
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