The White House said it was announcing a trade deal, without providing any details. Representatives from the U.S. and China had been meeting in Switzerland.

Treasury Secretary Scott Bessent reported "substantial progress," but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva.

High-level trade talks between the United States and China are continuing Sunday in Geneva, marking the second day of negotiations between the two countries in the hope of ending President Donald Trump's trade war.