China, Trump and trade deal
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Asianet Newsable on MSNTrump calls US-China trade talks a 'total reset' as both sides agree to pause tariffs for 90 daysFollowing trade talks in Geneva, the US and China agreed to pause reciprocal tariffs for 90 days. President Trump called it a “total reset”, noting improved relations and ongoing discussions to address long-term trade concerns.
The United States has reached a preliminary trade deal with China after the two countries met for negotiations in Switzerland over the weekend, the Trump administration announced. The news follows Treasury Secretary Scott Bessent and U.
On Saturday, senior officials from Washington and Beijing concluded the first day of trade talks in Geneva, Switzerland. The president has been embroiled in a tense trade war since he raised U.S. tariffs on China to a combined 145 percent earlier this year, which prompted Beijing to retaliate with a 125-percent levy on American imports.
Treasury Secretary Scott Bessent said on Sunday that the Trump administration has made progress in its trade negotiations with China. "We will be giving details tomorrow. "But I can tell you that the talks were productive," Bessent told members of the ...
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
Talks resumed in the afternoon, and Trump later touted them as “very good ... Getty Images The president has blamed China for long engaging in unfair trade practices with the US and not doing enough to stop the global flow of fentanyl from within ...
President Trump on Saturday suggested a “total reset” in U.S.-China trade relations amid reported talks over tariffs in Switzerland between the two countries. “A very good meeting today with China, in Switzerland.
5don MSN
The way President Donald Trump sees it, beating China in a trade war should be easy. After all, the Chinese sell Americans three times as much stuff as Americans sell them.
President Trump's administration scaled back high tariffs on China after advisors, including Susie Wiles and Scott Bessent, cautioned that the economic burden disproportionately affected his core supporters.
French finance minister Eric Lombard said on Thursday that talks with Chinese Vice Premier He Lifeng did not yield a solution to a trade dispute with China involving Cognac, though he added that the door remained open for further discussions.