High-level trade discussions between the United States and China ended in Geneva, Switzerland, with U.S. President Donald Trump announcing a “total reset” in trade relations between the two countries. However, this statement does not match the reality of the high tariffs that are still in place, making it unclear how much real progress was made.
The meeting, which took place over a weekend, included important officials from both nations in an effort to reduce growing trade tensions that have severely disrupted global supply chains and financial markets. According to Politco and BBC, on the U.S. side, the talks involved Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, while China was represented by Vice Premier He Lifeng, who leads economic and trade negotiations with the United States.
