US-China Trade Talks: Mnuchin and Branstad Announce Breakthrough in Switzerland

**China-US Trade Talks Yield Positive Results in Switzerland** In a significant development, the United States and China concluded two days of trade talks in Switzerland with positive outcomes. US Treasury Secretary Steven Mnuchin and US Ambassador to China Terry Branstad jointly announced the progress, emphasizing the productive nature of the discussions. The talks, held in a cooperative environment, focused on resolving the substantial trade deficit between the two nations. Secretary Mnuchin stated, "I'm happy to report that we've made substantial progress between the United States and China in these very important trade talks." He further added that President Trump was fully briefed on the developments. Ambassador Branstad echoed Mnuchin's sentiments, praising the Swiss government's hospitality and highlighting the diligent work of the Chinese negotiators. He noted, "It's important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not so large as may be thought." The swift agreement suggests a potential easing of trade tensions between the US and China. The details of the agreement are expected to be released the following morning, offering further insights into the progress made.