US EditionUS and Chinese officials start Geneva talks on easing trade war
- U.S. and Chinese officials met in Geneva on May 31, 2025, to begin talks aimed at easing the trade war between the two countries.
- The talks follow a trade war triggered by U.S. tariff increases on April 2, 2024, and China's retaliatory tariffs, with tensions fueled by unmet commitments and economic pressures.
- The U.S. delegation included Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, while China was represented by Vice Premier He Lifeng, with discussions lasting over 10 hours.
- President Trump stated that an '80% tariff seems right' and suggested lowering tariffs could benefit both nations, while experts expressed skepticism about significant breakthroughs.
- The talks raised cautious hopes for a tariff reduction and stabilization of global markets but implied a long road ahead due to unresolved economic and political challenges.
433 Articles
433 Articles
The agreement reached in Geneva exceeds expectations. The aggressive tone between the superpowers has also moderated.
The White House
Joint Statement on U.S.-China Economic and Trade Meeting in Geneva
The Government of the United States of America (the “United States”) and the Government of the People’s Republic of China (“China”), Recognizing the
Sunday Talks - NEC Director Kevin Hassett Outlines Background of U.S-China Negotiations in Geneva - The Last Refuge
White House National Economic Council Director Kevin Hassett always does a good job of framing the current status without impeding the negotiating strategy of the White House trade delegation. In this morning’s interview, happy Hassett outlines the motivation for China to quickly get to an agreement on principle about their U.S. trade position, and the […] The post Sunday Talks – NEC Director Kevin Hassett Outlines Background of U.S-China Negoti…
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