Trump Declares 'Total Reset' in U.S.-China Trade Talks Amid Ongoing Tensions
President Trump claims 'great progress' was made in recent trade discussions with China, as talks are set to continue this weekend in Geneva.
The discussions could help stabilize world markets roiled by the U.S.-China standoff that has ships in port with goods from China unwilling to unload until they get final word on tariffs.
US and China begin 2nd day of tariff talks. No breakthroughs but Trump touts 'great progress'
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The trade war between China and the US intensified last month after President Trump announced a universal baseline tariff on all imports to the United States, on what he called "Liberation Day".
Trump praises 'friendly, constructive' US-China trade talks
BBC News·4d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.The discussions could help stabilize world markets roiled by the U.S.-China standoff that has ships in port with goods from China unwilling to unload until they get final word on tariffs.
US and China Begin 2nd Day of Tariff Talks. No Breakthroughs but Trump Touts 'great Progress'
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The trade dispute, combined with Trump’s decision last month to impose duties on dozens of other countries, has disrupted supply chains, unsettled financial markets and stoked fears of a sharp global downturn.
Trump claims ‘total reset’ in US-China trade relations after tariff talks in Geneva
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A longtime supporter of tariffs, Trump argued that "fair" duties could address the nation’s record $1.2 trillion trade deficit from 2024 and encourage the return of U.S. manufacturing jobs.
Trump says 'total reset negotiated' with China during tariff talks in Geneva
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Yet an 80% tariff rate would still be significantly higher than what Trump has imposed on other nations and could lead to significantly higher prices on many goods in the United States.
'A total reset': Trump touts 'great progress' in trade talks with China on tariffs
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Prospects for a major breakthrough appear dim.
US-China tariff talks to continue Sunday, an official says
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The meetings in a Swiss city known for its discretion and conflict resolution represent the first potential efforts to end a trade war that has frazzled financial markets in recent weeks, and caused billions of dollars' worth of import disruption across both the United States and China.
U.S. and China begin talks amid tensions over Trump's tariff war
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Prospects for a major breakthrough appear dim.
U.S.-China tariff talks begin in Geneva as the world looks for signs of hope
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President Donald Trump’s tariffs and trade policy is bringing on uncertainty to consumers, businesses, experts, and policymakers.
Trade deal hopes high as China talks open: White House Report Card - Washington Examiner
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With distrust running high, both sides have been keen not to appear weak, and economic analysts have low expectations of a breakthrough.
China, US hold talks on tariffs in first bid to de-escalate trade war
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The fight with China has been the most intense.
Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope
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Prospects for a major breakthrough appear dim.
Tariff talks begin between US and Chinese officials in Geneva
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Summary
U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer engaged in extensive trade talks with Chinese officials in Geneva on May 10. During these discussions, President Trump communicated an optimistic view, suggesting that the U.S. could lower tariffs from 145% to 80%. Despite his claims of 'great progress' and a 'total reset' in relations, skepticism remains about any significant breakthrough. Chinese officials, represented by Vice Premier He Lifeng, criticized U.S. tariffs as 'illegal'. Talks will continue on Sunday to negotiate terms affecting over $660 billion in trade.
Perspectives
U.S. and Chinese officials have initiated talks in Geneva, aiming to address the ongoing trade dispute that involves significant tariffs harming global trade.
While there is cautious optimism for tariff reductions, experts stress that achieving substantial outcomes is unlikely, as any agreement must extend beyond verbal assurances.
The current high tariff rates, reaching 145% on U.S. imports from China and 125% on Chinese imports, are causing strain on international trade relations and are a point of significant concern.
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