U.S.-China Trade Talks: President Trump announced a “total reset” negotiated in trade discussions with China. The talks, led by Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, alongside China’s Vice Premier He Lifeng, lasted over ten hours in Geneva.
These negotiations aim to ease the ongoing trade war, with tariffs exceeding 100 percent. Trump advocated for greater access for U.S. businesses in China.
- Trade between these nations surpassed $660 billion last year.
- Trump considers lowering U.S. tariffs to 80 percent.
Talks will continue on May 11.
Tags #Business, #International, #WhiteHouse
Lucem News Editor’s Opinion: Looks like Trump’s doing what Biden can’t — resetting trade with China without rolling over and begging for a pandas-for-peace deal. Lower tariffs and higher standards? That’s called winning. Plus the Biden Family got around 20 million dollars from the communist party of China in their personal bank accounts. That had a lot to do with altering US policy.
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