Bessent leads US side in Geneva trade deal with China
On 12 May 2025 the United States and China issued a joint statement after talks in Geneva, agreeing that each side would suspend 24 percentage points of its extra tariffs for an initial 90 days while keeping a 10 percent rate. The statement named Treasury Secretary Scott Bessent and trade representative Jamieson Greer as the US representatives in a new mechanism for further talks with Vice Premier He Lifeng.

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On 12 May 2025 the United States and China issued a joint statement after talks in Geneva, agreeing that each side would suspend 24 percentage points of its extra tariffs for an initial 90 days while keeping a 10 percent rate. The statement named Treasury Secretary Scott Bessent and trade representative Jamieson Greer as the US representatives in a new mechanism for further talks with Vice Premier He Lifeng.
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Factrail. (2026). Bessent leads US side in Geneva trade deal with China. Factrail. https://factrail.ai/facts/bessent-geneva-us-china-tariff-deal-2025-05-12
https://factrail.ai/facts/bessent-geneva-us-china-tariff-deal-2025-05-12
Accessed 16 October 2026.
By the Factrail desk · Method: how we source and score · Last reviewed
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