U.S. touts progress on China trade talks
- U.S. And Chinese officials concluded two days of trade talks in Switzerland in early May 2025 amid high tariffs disrupting their economic relations.
- The discussions took place after President Trump increased tariffs on Chinese goods to a total of 145%, prompting China to respond by imposing a 125% tariff on products imported from the United States.
- Officials described the discussions as candid and productive, agreeing to establish a consultation mechanism for ongoing trade and economic dialogue.
- U.S. Treasury Secretary Scott Bessent highlighted “substantial progress,” while President Trump called it “great progress” and a possible “total reset” on tariffs.
- The agreement suggests a potential de-escalation that may ease trade tensions and help resolve the national emergency caused by tariff-related disruptions.
17 Articles
17 Articles
US touts 'substantial progress' in tariff talks
GENEVA — The lead U.S. negotiator in trade talks with China cheered "a great deal of productivity" in resolving differences between the world's two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President Donald Trump…
'Substantial progress,' few details in tariff talks
GENEVA — The lead U.S. negotiator in trade talks with China cheered "a great deal of productivity" in resolving differences between the world's two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President Donald Trump…
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