U.S. Treasury Secretary Scott Bessent said the U.S. and China made “substantial progress” in talks to diffuse the trade war between the two countries after President Trump announced tariffs of 145% against China last month, multiple outlets reported Sunday.

READ MORE: https://www.forbes.com/sites/mollybohannon/2025/05/11/us-and-china-made-substantial-progress-in-tariff-talks-bessent-says/