Great progress made Trump on US China tariff talks being held in Switzerland
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In a post on Truth Social, the US president wrote, “A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner. We want to see, for the good of both China and the U.S., an opening up of China to American business. Great progress made!!!”
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The discussions, aimed at easing soaring trade tensions, took place at the Villa Saladin overlooking Lake Geneva and lasted over 10 hours.
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Login to view resultThe US delegation was led by treasury secretary Scott Bessent and trade representative Jamieson Greer, while Chinese Vice Premier He Lifeng represented Beijing. The two sides are expected to resume talks on Sunday.
As per AP, the negotiations are being held under tight secrecy, with no public statements from either side. Several black vehicles were seen leaving the residence of the Swiss ambassador to the UN after the talks concluded.
These are the first official negotiations since Trump raised US tariffs on Chinese goods to a combined 145% last month, prompting Beijing to respond with 125% levies on American imports. The sharp tariff hikes have effectively crippled trade between the two nations and stirred fears of a global economic downturn.
According to The New York Times, expectations for a breakthrough remain modest, though the
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