Trump says ‘total reset negotiated’ with China during tariff talks in Geneva
President Donald Trump made a significant announcement on Truth Social Saturday night, revealing that positive developments had taken place during weekend trade discussions with China. The meetings, which took place in Geneva, Switzerland, involved U.S. officials, including Treasury Secretary Scott Bessent, and a delegation from China. Trump expressed optimism about the progress made, stating that numerous issues were addressed and agreements were reached.
Despite the extensive discussions that lasted over 10 hours, no major breakthrough was reported, according to The Associated Press. The negotiations are set to resume on Sunday to further explore potential solutions and opportunities for collaboration between the two nations.
The recent trade talks come in the wake of escalating tensions between the U.S. and China, with the Trump administration imposing a round of tariffs on Chinese goods and China retaliating with increased tariffs on U.S. products. The ongoing trade dispute has had significant economic repercussions for both countries, prompting the need for constructive dialogue and negotiations to find a resolution.
Trump emphasized his commitment to establishing a baseline tariff of 10%, despite recent developments such as the announcement of a trade deal with the UK. He underscored the importance of reaching a mutually beneficial agreement that would benefit both American and Chinese businesses. The president described the negotiations as a “total reset” conducted in a friendly yet constructive manner, signaling a positive outlook for future trade relations.
Throughout his presidency, Trump has championed the use of tariffs as a tool to address trade imbalances and protect American industries. He has argued that imposing fair tariffs could help reduce the trade deficit and create opportunities for domestic manufacturing. Treasury Secretary Scott Bessent echoed these sentiments, highlighting the potential impact of tariffs on China’s economy and job market.
As discussions continue between U.S. and Chinese officials, the focus remains on finding common ground and fostering a more open and equitable trade relationship. Both parties recognize the importance of resolving trade disputes and promoting economic stability for the benefit of their respective countries.
In conclusion, the recent trade talks between the U.S. and China represent a crucial step towards addressing longstanding trade issues and building a more sustainable framework for future cooperation. The outcome of these negotiations will have far-reaching implications for global trade dynamics and economic growth. Stay tuned for further updates on this developing story.
**Author Bio:** Alexandra Koch is a breaking news writer for Fox News Digital, covering a wide range of topics including crime, religion, and military affairs in the southeast. Prior to joining Fox News, Alexandra gained extensive experience in journalism and reporting on current events.
