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The Treasury secretary cited progress and promised more details Monday. Beijing said the two sides agreed to start a formal negotiation process.

U.S. and Chinese officials are set to meet in Switzerland to discuss potentially de-escalating the trade spat that has resulted in high tariffs for each country.

Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.

The Switzerland talks will primarily take place between Treasury Secretary Bessent along with U.S. Trade Representative Jamieson Greer and Vice Premier He Lifeng, a top Chinese economic official. During the trade war in President Trump's first term in 2019 ...

Xi Jinping's decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader.  After two days of high-stakes talks in Switzerland, trade negotiators from the world's biggest economies announced Monday a massive

It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”

US equity markets posted modest declines this past week after the Fed held rates steady and maintained its wait-and-see approach. Learn more about the market here.