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BREAKING NEWS: Trump says trade talks this weekend with China to be "substantive"

  • President Donald Trump announced high-level trade talks between U.S. And Chinese officials will take place in Switzerland on May 10, 2025.
  • These talks stem from ongoing tensions caused by U.S. Tariffs of 145% on Chinese goods and reciprocal Chinese tariffs of 125% on American products.
  • The discussions may cover tariff exemptions on baby items like strollers and car seats and include raising the case of ex-media mogul Jimmy Lai.
  • Trump urged investors to purchase stocks, expressing his confidence that the nation’s market performance would soar rapidly upwards, demonstrating optimism amid increasing market gains.
  • The talks could ease tariff tensions and influence global economic confidence, though analysts emphasize outcomes remain uncertain and closely watched.
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WSET broke the news in on Thursday, May 8, 2025.
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