Trump and China join in after productive conversations, says Bessent, says Bessent

Finance Minister Scott Bessent said on Sunday that the Trump government had made progress in its trade negotiations with China.

“We will give details tomorrow.” But I can tell you that the conversations were productive, “said Bessent from Switzerland on Sunday. [Greer] And I myself. And I spoke to President Trump last night, as did ambassador Jamieson, and he is fully informed about what's going on. “

The Trump government asked tariffs up to 145% for Chinese goods because the president of the nation wants to bring parity Chronic trade deficit With foreign countries. Trump held against dozens of nations on April 2 when countries asked the administration to make trade agreements, but he increased the use in China after Peking Trump's trade guidelines with his own tariffs, including 125% office tax on US goods.

Improper And US sales representative Jamieson Greer met this weekend in Switzerland with her Chinese colleagues to discuss the economic future of the countries that Trump addressed in a social post on Saturday evening.

Trump says “Total Reset negotiates” with China during the tariff discussions in Geneva

“Many discussed things that have agreed a lot. A total reset that was negotiated in a friendly but constructive way. We want to see both China and the USA an opening of China for American business. He posted social times about truth.

China's Ministry of Commerce Said at the beginning of this month that the officials “evaluated” an offer from the Trump administration to have trading talks about the 145% US tariffs for Chinese goods.

The decisive trade talks with Beijing, which Trump swears in China in the new US ambassador: “What a timing”

The elected US President Donald Trump smiles on December 22, 2024 in Phoenix, Arizona (Rebecca Noble/Getty Images)

“The United States recently took the initiative on many occasions to provide information about relevant parties to China and hopes to speak to China,” the explanation said. According to Reuters.

Trump and the government previously said they were ready to hold trade negotiations with China, including the president on April 8: “We are waiting for their call. It will happen.”

Trump says 80% tariff in China seems to be correct before the weekend discussions with Beijing

The update to China, after the Trump government has concluded a separate trade agreement with Great Britain last week -is the first trade agreement that has been signed since Trump's “Liberation Day” announcement on April 2, in which the tariffs for the nations ended the commercial barriers worldwide for US goods and even competitive conditions for US exports.

President Donald Trump and Chinese leader XI Jinping

“With this deal, the United Kingdom in the United States affirmed that reciprocity and fairness are an essential and important principle of international trade,” Trump said on Thursday about the deal. “The deal includes billions of dollars of increased market access for American exports, especially in agriculture that dramatically increase access to American beef, ethanol and practically all products produced by our great farmers.”

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The British deal leads an existing 10% tariff against British goods and deprives some import taxes for articles such as steel and cars.