After months of tension, the United States and China have taken a step toward easing their strained trade relationship, announcing a deal following w

The US announcement followed hours of meetings between Bessent, Greer and Chinese Vice Premier He Lifeng. The talks were hosted by the Swiss ambassador to the United Nations, whose residence was used as the venue for the two countries’ teams.

Indian exporters said that several Chinese exporters have approached Indian suppliers for help in fulfilling US orders, as they seek to retain their American clients.