Finance & economics | Sofa so good

America has given China a strangely good tariff deal

For the next 90 days, at least

Scott Bessent gestures during a news conference in Geneva
Photograph: Getty Images
|Hong Kong|5 min read

After a busy weekend of trade negotiations in Geneva, an impatient reporter asked when the results would be revealed. Li Chenggang, a Chinese official, replied with a wry smile and an old saying: “Good food is never too late.”

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This article appeared in the Finance & economics section of the print edition under the headline “Sofa so good”

From the May 17th 2025 edition

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