Tariff War: Agreement reached between America and China on tariff deal, details may be revealed today:

News Topical, Digital Desk : The US announced on Monday it had reached a trade deal with China following talks in Geneva over a tariff dispute. Details of the agreement have not yet been announced.

Before the talks, President Trump had indicated that he was ready to reduce the tariff rate on China from the current 145 percent to 80 percent. He said in a post on internet media that it depends on Scott B. I am happy to report that we have made substantial progress between the US and China in very important trade talks.

There was a heated discussion on tariff between China and America

Talks between the US and China over the tariff dispute continued for the second day in Jeleva on Sunday. Both sides discussed how to reduce the trade war, which threatens to cause major damage to the world economy.

Chinese Vice Premier He Lifeng held face-to-face meetings with US Treasury Secretary Scott Bessant and US Trade Representative Jameson Greer, the first since the world's two largest economies imposed tariffs of over 100 per cent on each other's goods.

A trade agreement may be signed between the two countries this week

Talks continued for three and a half hours in Geneva on Sunday after eight hours of discussions on Saturday. Bessant declined to speak to reporters at his hotel before leaving for the talks on Sunday. But White House economic adviser Kevin Hassett said China was very eager to negotiate with the US and balance trade relations.

Hassett said that foreign trade agreements could also be reached with other countries this week. US President Donald Trump gave a positive description of the talks, saying that both sides had talked in a friendly and constructive manner.