The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while Chinese officials said the sides had reached "important consensus" and agreed to launch another new economic dialogue forum.

Switzerland's president has lamented "disappointing" talks with U.S. President Donald Trump's treasury secretary that did not ease stiff U.S. tariffs on Swiss goods.