US, China hail 'constructive' Geneva trade talks, details due Monday
Geneva talks hailed as 'substantial progress'
China says important consensus reached
USTR Greer describes result as 'a deal we struck'
Bessent, Greer to announce details on China talks on Monday
No mention of tariff reductions from US officials, White House
GENEVA, May 11 (Reuters) - The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while Chinese officials said the sides had reached "important consensus" and agreed to launch another new economic dialogue forum.
Neither side released details after they wrapped up two days of talks in Switzerland. Chinese Vice Premier He Lifeng said a joint statement would be released in Geneva on Monday. Vice Commerce Minister Li Chenggang said it would contain "good news for the world."