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US-China trade talks in Geneva end for night, to continue on Sunday: Reuters

  • U.S. And Chinese delegations held sensitive tariff talks on Saturday in Geneva's Villa Saladin, lasting over 10 hours and hosted by the Swiss ambassador's residence.
  • The talks aimed to de-escalate rising tariffs, which Trump raised last month on China to a combined 145%, provoking Chinese retaliation with levies up to 125%.
  • Participants included U.S. Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng, who spoke for the first time in these talks.
  • Trump characterized the meeting as a highly positive and productive discussion, noting progress toward a major renegotiation, and indicated that an 80% tariff might be appropriate while also hinting at the possibility of reducing tariffs.
  • Although no major breakthrough was announced, experts and officials hope tariff reductions could stabilize global markets and ease economic pressures on companies reliant on U.S.-China trade.
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US and China begin 2nd day of tariff talks. No breakthroughs but Trump touts 'great progress'

The U.S. and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand. U.S. President Donald Trump wrote on social media that “great progress” was being made and even suggested a “total reset” was a possibility as the sides took their seats for the second and final scheduled day of discussions in Geneva. Beijing has yet to comment directl…

·Orlando, United States
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The Blade broke the news in Toledo, United States on Saturday, May 10, 2025.
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