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US-China trade talks could temper tariff angst, but rivalry runs deep

  • Delegations from China and the United States are scheduled to meet in Geneva on May 10, 2025, to negotiate ways to ease their ongoing tariff dispute.
  • The talks follow years of escalating tariff battles initiated by President Trump in 2018, leading to punitive levies as high as 145% on Chinese goods.
  • China's exports to the U.S. Fell 21% year-over-year in April 2025, causing factory slowdowns and job risks amid concerns over economic stagnation and inflation.
  • President Trump said, "It's at 145, so we know it's coming down," signaling possible tariff reductions if talks proceed well, though analysts expect only minor cuts.
  • The talks mark a first step toward easing trade tensions but leave unresolved deep economic and geopolitical conflicts between the two global powers.
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Hospodářské Nnoviny (HN.cz) broke the news in on Thursday, May 8, 2025.
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