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At the end of the indoor discussions in Switzerland at the end of the closed discussions in Switzerland, Pekin and Washington, the US President Donald Trump in March and China’s aggressive trade rising trade increased.
Swiss Treasury Secretary Scott Bessent said that the US Treasury Secretary Scott Bessent was happy to report that we had a major progress between the United States and China in the U.S. and China in Geneva, Switzerland. “
“Negotiations were productive,” he said.
Trade Representative Jamieson Greer also took part in two days Closed door talks Chinese vice-premiere and Lifeng said the differences between the parties are “perhaps thought.”
He Lifeng also praised the things he called “important progress” in trade talks with the United States.
Speaking to journalists in Geneva, he said that the atmosphere of negotiations with Bessent and Greer is a profiteering language similar to the US delegation, deep and fundamental.
Both countries said they would make a joint statement on the talks on Monday.
After the first day of the talks, Trump said that the discussions are “very good”, “very good”, as discussions, “very good”, as “very good”.
Beijing had not yet commented on Sunday, but on Saturday, the Chinese state news agency described Sinhua talks as “an important step in resolving the issue.”
The Chinese delegation was expected to talk to the media on Sunday evening.
For the first time, the meetings were faced with the two largest economies of the world, because the Trump faced the issue of Trump, because last month, the steep of the steep in China, causing a strong gathered from Beijing.
“The talks reflect the current state of trade relations with these very high tariffs, nor China’s interests are in the interests of the United States nor China,” Citigroup Global Economist Nathan sheets told AFP news agency. Called the tariffs “a lost offer.”
Tariffs applied by Trump on Asia Production Obsani currently, 145 percent, some Chinese goods reached 245 percent.
Keeping the expectations down
By taking revenge, China put 125 percent of tariffs for US goods.
From the meeting, Trump said he could lower the tariffs offered on social media, “China’s 80% tariff looks right!”
However, his spokesman Karoline Leavitt then clarified that the United States would not reduce the unilateral tariffs, because China should also be discounted.
Both parties entering the meeting played a great change in trade relations.
Bessent not, not “big trade deals”, not “big trade deals”, but also insisted that the United States should first ease the tariffs.
Even negotiations are “good news for business and are good news for the financial markets,” Gary Hufbauer, Gary Hufbauer, an elderly non-resident worker at the Peteron International Institute.
However, Hufbauer said he was “with a very doubt that he would be returning to something like normal US-China trade relations.” According to him, even the 70-80 percent tariff rate will still double bilateral trade, “he said.
Bessent and US Trade Secretary Secretary Howard Lutnick, “China has something to be better equipped to deal with this trade war than the United States,” he said.
Geneva meeting comes after Trump The United Kingdom has been submitted to trade agreement Thursday, the first contract with any country because global tariffs reveals the blitz, but mainly a 10 percent preliminary dial in most English goods.
After the U.S. UK trade advertising, analysts chanted the probability of negotiations in the US-China trade relations.
In fact, social writing claimed that Trump’s talks were “great progress.”
“We want to see both China and the United States for an opening of the United States business.”
