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"The US and China have made progress in trade talks, with officials describing the discussions as \"candid, in-depth and constructive dialogue\". The talks, which took place in Geneva, Switzerland, aimed to resolve differences between the world's two leading economic powers. US Treasury Secretary Scott Bessent said there was \"substantial progress\" in the weekend sessions, but offered scant information on exactly what negotiations entailed. The Chinese delegation also described the talks as \"candid, in-depth and constructive dialogue\". The US is seeking to close its trade deficit with China, which came to a record $263 billion last year."
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