New Delhi, May 12 -- Following two days of trade negotiations in Switzerland, the lead US negotiator expressed optimism about resolving tensions between the world's two largest economies, praising the talks as "a great deal of productivity."

According to Reuters, this comes after US President Donald Trump's imposition of steep tariffs on China, which prompted Beijing to take retaliatory measures, Reuters reported.

Also Read: New China deal to help reduce US's 'massive $1.2 trillion trade deficit,' says official

U.S. Treasury Secretary Scott Bessent stated on Sunday that the discussions made "substantial progress," though he provided few details about the specific issues covered in the negotiations.

He said more details would come at a...