The United States and China have entered the second day of high-stakes tariff negotiations in Geneva, with no significant breakthroughs yet, but U.S. President Donald Trump is optimistic about progress.
The U.S. and China resumed tariff negotiations in Geneva on Sunday, tackling a trade dispute that has impacted global markets. While no major breakthroughs were reported, U.S. President Donald Trump expressed optimism, describing the talks as making "great progress" and hinting at a possible "total reset."
China has remained reserved, with its state media emphasizing a firm stance on protecting core principles and global equity. The discussions, shrouded in secrecy, aim to address tariffs that have escalated tensions between the two largest economies. Recent U.S. tariffs on Chinese goods have reached a combined 145%, prompting reciprocal action by China, with levies on American imports now at 125%.
This face-to-face meeting is the first of its kind in this recent phase of the trade dispute, and though expectations for a breakthrough remain low, a reduction in tariffs could help stabilize markets. Experts have hailed the negotiations as a much-needed step toward de-escalating trade tensions.
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