China, Donald Trump
Digest more
Trump, Middle East and Live Updates
Digest more
23hon MSN
U.S. President Donald Trump could have the upper hand in subsequent trade talks with China as the nations hammer out further negotiations, according to Neo Wang, lead China economist and strategist at Evercore ISI.
On Saturday, senior officials from Washington and Beijing concluded the first day of trade talks in Geneva, Switzerland. The president has been embroiled in a tense trade war since he raised U.S. tariffs on China to a combined 145 percent earlier this year, which prompted Beijing to retaliate with a 125-percent levy on American imports.
With just two months left on his 90-day tariff pause, Trump struck a deal with the UK. Other trade deals remain up in the air.
The United States has reached a preliminary trade deal with China after the two countries met for negotiations in Switzerland over the weekend, the Trump administration announced. The news follows Treasury Secretary Scott Bessent and U.
15h
Asianet Newsable on MSNTrump calls US-China trade talks a 'total reset' as both sides agree to pause tariffs for 90 daysFollowing trade talks in Geneva, the US and China agreed to pause reciprocal tariffs for 90 days. President Trump called it a “total reset”, noting improved relations and ongoing discussions to address long-term trade concerns.
The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in Switzerland over the weekend.
Donald Trump's tariff blitz is yielding some initial deals, including a 90-day pause in sky-high U.S. and Chinese duties and a limited trade pact with Britain, but the U.S. president is far from rebalancing global commerce flows,
Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader.