U.S. and Chinese officials reported "substantial progress" in tariff negotiations held in Geneva, though specific details remain scarce. A joint statement is expected to be released on Monday.
U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer concluded two days of high-level talks with Chinese Vice Premier He Lifeng in Geneva, marking a potential turning point in the ongoing trade dispute. While both sides described the discussions as "productive," they provided few specifics on the outcomes.
The trade war escalated after President Trump imposed tariffs up to 145% on Chinese imports, prompting China to retaliate with a 125% levy on U.S. goods. The bilateral trade deficit with China reached a record $263 billion, intensifying the urgency for a resolution.
President Trump expressed optimism, suggesting the negotiations could lead to a "total reset" of tariffs. U.S. officials indicated that the reset talks could stabilize global markets and restore bilateral trade.
A joint U.S.-China statement is anticipated, with follow-up meetings planned, including discussions with Chinese shipping executives visiting Washington. The White House aims to leverage U.S. economic power to open China's market for American exporters.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of August, covering the latest developments....
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A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Ukrainian President Volodymyr Zelenskyy said Ukraine is increasingly penetrating Russia's air-defence network, as both sides stepped up overnight strikes on energy, logistics and port infrastructure.
Typhoon Dolphin lashed Japan’s southern Okinawa prefecture on Saturday, injuring six people, disrupting flights and leaving more than 50,000 buildings without power, as China shut ports and suspended transport services ahead of the storm’s expected arrival on its east coast.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
The future of U.S. President Donald Trump’s Gaza roadmap remains uncertain, with Israel and Hamas divided over its implementation, particularly the sequence of Hamas’s disarmament and an Israeli withdrawal.
At least six people were killed and dozens injured in overnight Ukrainian drone strikes on Russia’s Belgorod region, while Russian missile and drone attacks killed two people in Kharkiv and injured eight others in Odesa, according to regional authorities.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of August, covering the latest developments.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
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