US and Chinese officials start Geneva talks on easing trade war
- U.S. And Chinese officials held talks in Geneva on May 10-11, 2025, to discuss tariffs amid their ongoing trade war.
- The talks followed months of tariff increases by the U.S. And retaliatory tariffs by China, which began after President Trump raised tariffs last April.
- The discussions involved Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer for the U.S., and Vice Premier He Lifeng for China, focusing on tariff rates and trade practices.
- U.S. Tariffs on Chinese goods have reached 145%, while China imposed a 125% levy on U.S. Imports, severely disrupting trade that topped $660 billion last year.
- Although President Trump claimed 'great progress' and suggested an '80% tariff seems right,' experts remain skeptical about meaningful breakthroughs from these early talks.
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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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Leaning Left58Leaning Right60Center129Last UpdatedBias Distribution52% Center
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C 52%
R 24%
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