Trump Optimistic After US-China Trade Talks in Switzerland**

Mon May 12 2025 10:02:00 GMT+0300 (Eastern European Summer Time)
Trump Optimistic After US-China Trade Talks in Switzerland**

President Trump commends the "friendly and constructive" nature of the US-China trade discussions, hinting at a potential thaw in relations amidst a backdrop of heightened tariffs.**


Following high-level trade talks in Switzerland, President Trump has expressed optimism about a "total reset" in relations with China, underscoring the need for concessions from both sides to reduce tariffs that have significantly impacted the economies of both nations.**


Donald Trump has characterized the recent trade negotiations between the United States and China as a significant turning point, calling the talks in Switzerland a "total reset" for bilateral trade relations. In a social media update, the US president acknowledged a "very good" exchange which he deemed "friendly, but constructive."

The backdrop for these discussions is a prolonged trade conflict that saw the US instituting tariffs as high as 145% on Chinese imports, provoking China to retaliate with levies reaching 125% on US goods. After a period of escalating tensions, the two nations convened in Geneva this weekend, marking the first direct dialogue since the imposition of tariffs earlier this year.

While specifics about the negotiations remain scarce beyond Trump's affirmations, the discussions involve key figures including China's Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent. Trump highlighted the desire to open up Chinese markets to American businesses, suggesting that notable progress could be on the horizon.

However, before any meaningful reduction of tariffs can take place, the White House clarified that concessions must come from China, a sentiment echoed by Press Secretary Karoline Leavitt. As the two sides prepare to continue dialogues, potential outcomes remain uncertain, with both cautioning against expectations of a major trade agreement.

Chinese news outlets indicated that Beijing's decision to engage in talks stemmed from careful consideration of both global market dynamics and responses from American enterprises. Recent reports indicated that Chinese exporters have been adversely affected by the tariff regime, with some businesses experiencing significant stockpiling of goods due to lost access to the US market.

In recent developments, the trade conflict intensified following Trump's announcement of a universal baseline tariff on imports, which he labeled "Liberation Day," affecting around 60 trading partners, including China and EU nations. Amid this dynamic, the UK has negotiated a separate deal to ease tariffs on its car exports, further complicating the trade landscape in which the US-China relations play a pivotal role.

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