Trump says ‘total reset negotiated’ between US, China after 1st meet since tariffs

4 months ago 105K
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Former President Donald Trump announced a significant breakthrough in trade relations between the United States and China, declaring a "total reset negotiated" following the first high-level meeting since the imposition of tariffs. The talks, held in Geneva, marked a crucial step in mending the strained economic ties between the two global powerhouses. Trump emphasized the "good progress" achieved during these discussions, which aimed at addressing long-standing issues, including tariffs and market access. The Geneva meeting brought together top trade officials from both nations, signaling a renewed commitment to finding common ground. Key agenda items included the reduction of tariffs that have impacted various industries and strained bilateral relations. While specific details of the agreements remain under wraps, sources close to the negotiations hinted at potential concessions on both sides, fostering optimism for a more balanced trade environment. Experts believe this development could pave the way for a more stable economic partnership, potentially benefiting global markets. However, analysts caution that the path to a comprehensive trade agreement remains complex, with many intricate issues still to be resolved. As the world watches closely, the outcome of these talks could have far-reaching implications for international trade dynamics and economic stability.

— Authored by Next24 Live