Politics

Trump says ‘total reset negotiated’ with China during tariff talks in Geneva

president Donald Trump in fact announced on Saturday that “great progress” was made during trade negotiations at the end of the week with China.

During the meeting in Geneva, Switzerland, between American officials, including Treasury Secretary, Scott Pesin, and a Chinese delegation, “many things” were discussed and “many [was] He agreed to. “

A major breakthrough has not been announced in the discussions that lasted for more than 10 hours, according to Associated Press, and negotiations will continue on Sunday.

US Treasury Secretary Scott Beesen leaves Chinese officials on customs duties in Geneva, Switzerland, on Saturday. (Fabrice Coffrini/AFP via Getty Images)

Popular commercial conversations with looming on the horizon in Beijing while Trump is divided into a new American ambassador in China: “What Time”

The administration announced a round of definitions on April 2 and later imposed a 145 % tariff on Chinese goods.

After reducing the mutual tariff for other countries for 90 days to the foundation line by 10 %, China raised the customs tariff on American goods to 125 %.

Members of the Chinese delegation leave the residence, as commercial talks occur between Chinese and American delegations in Geneva

Members of the Chinese delegation leave the site, where commercial talks were held between Chinese delegations and the United States in Geneva, Switzerland, on Saturday. (Reuters/Dennis Palibos)

The White House says Trump is 10 % committed to the basic tariff

On Thursday, Trump told the White House correspondents China “a lot” who wanted to make a deal and end the sharp tariff battle.

While the president did not provide many details on Saturday night, the agreement was described as “a complete reset that has been negotiated in a friendly, but constructive manner.”

“We want to see, for the benefit of China and the United States, a opening for China on American works,” Trump wrote at The Post. “Great progress!”

A car with the US Treasury Secretary Bessent leaves a stay where commercial talks occur between Chinese and American delegations in Geneva

Treasury Secretary Scott Bessin is heading to trade talks between Chinese delegations and the United States in Geneva, Switzerland. (Reuters/Dennis Palibos)

Trump says a 80 % tariff for China “looks correct” before weekends with Beijing.

Trump, a long -standing supporter, has argued that “fair” duties can treat a record in the nation a commercial deficit of $ 1.2 trillion since 2024 and encourage the return of American manufacturing functions.

Pesin said in April that the definitions may cost China up to 10 million jobs, making the Chinese definitions not sustainable.

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“Even if there is a decrease in the definitions, they may lose 5 million jobs,” Bessent told reporters at the White House. ))

Diana Stansi from Fox News Digter and Associated Press contributed to this report.

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2025-05-11 01:35:00

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