U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue. The talks also resulted in the suspension for 90 days of very high tariffs between the world's two largest economies,

US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two biggest economies “a very good framework” for upcoming discussions after the temporary lifting of levies between them.

U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two days of negotiations with a high-ranking Chinese delegation on ways to