Sunday, May 11, 2025

Trade talks with China continue

Trump Hails 'Total Reset' in US-China Trade Relations as Talks Continue

President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.

In a Truth Social post early Sunday, Trump praised the "very good" discussions and deemed them "a total reset negotiated in a friendly, but constructive, manner."

The second day of closed-door meetings between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng are due to restart in the morning, according to an individual familiar with the talks who was not authorized to speak publicly.

Ahead of the meeting, Trump signaled he might lower the tariffs, suggesting on social media that an "80% Tariff on China seems right!"

However, his press secretary Karoline Leavitt later clarified that the United States would not lower tariffs unilaterally, and that China would also need to make concessions.

Read more at Newsmax

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