U.S. Treasury Secretary Scott Bessent says that there had been "substantial progress" in talks between his team and that of Chinese Vice Premier He Lifeng in Geneva on defusing a trade war between the world's two largest economies.⁣ ⁣ "I'm happy to report that we've made substantial progress between the United States and China in the very important trade talks," Bessent told reporters.⁣ ⁣ He said he had informed President Donald Trump of the progress of the talks, and there would be a complete briefing on details the following day.⁣ ⁣ #thetariffwhirl #trump