U.S. and China Reach Initial Trade Deal

On 12 May 2025, the Trump Administration announced an "initial trade deal" with China, which follows the "landmark trade deal" with the UK announced on 8 May 2025. The following is a Joint Statement on the deal with China.

---

Joint Statement on U.S.-China Economic and Trade Meeting in Geneva

The Government of the United States of America (the “United States”) and the Government of the People’s Republic of China (“China”),

Recognizing the importance of their bilateral economic and tra…