US and Chinese officials start Geneva talks on easing trade war
- U.S. And Chinese officials began tariff talks in Geneva on May 10, 2025, aiming to ease the ongoing trade war.
- The talks follow President Trump's tariff increases in April 2024, which escalated trade tensions and prompted Chinese retaliation.
- The discussions, which extended for more than ten hours, involved high-level U.S. Officials—including the head of the Treasury Department and the chief U.S. Trade negotiator—alongside Chinese Vice Premier He Lifeng.
- Tariffs on Chinese imports reached 145%, while China imposed a 125% levy on U.S. Goods, disrupting $660 billion in annual trade between the two countries.
- Though talks raised hopes of detente and possible tariff reductions, experts and officials agree that major breakthroughs remain unlikely and negotiations will continue.
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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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Total News Sources436
Leaning Left59Leaning Right60Center129Last UpdatedBias Distribution52% Center
Bias Distribution
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C 52%
R 24%
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