US Secretary of the Treasury Scott Bessent and Trade Representative Ambassador Jamieson Greer announced Sunday that significant progress has been made in high-level trade negotiations between the United States and China.
The talks, held over two days in Switzerland, aimed to address longstanding trade imbalances and escalating economic tensions between the two global powers.
In a press availability with reporters, Bessent praised the Swiss government for hosting the negotiations, describing the venue as conducive to productivity.
“We made substantial progress between the United States and China in the very important trade talks,” he said, adding that details will be released on Monday about the discussions that included Chinese officials, including the country’s vice premier and two vice ministers.
Ambassador Greer said the talks were “very constructive,” and that they proceeded with at a good pace.
“There was a lot of groundwork that went into these two days,” Greer said. “Just remember why we’re here in the first place — the United States has a massive $1.2 trillion trade deficit, so the President declared a national emergency and imposed tariffs. We’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency.”
The trade deficit has been a central focus of the Trump Administration’s economic policy, with tariffs and other trade measures aimed at leveling the playing field between American and foreign markets.
If anyone can fix this mess, Trump can.
For those confused by the China tariff news:
• Trump caved and got zero in return
• No manufacturing moved back to the USA
• 30% tariff is still a huge tax on Americans
• 90 day pause still causes uncertainty
• Trump lost all negotiating leverage. But John you just show up again today wearing that stupid red hat so everyone knows who the moron is.
How to tell when someone is losing a debate. They start using abusive language out of frustration.
Exactly right John. The WSJ and the mass media would have you believe the sky is falling. China will come to the table or they are doomed, same goes for Canada.
The left can’t stand efficient government which shows everyone their Marxist lean. Apparently they need something to bitch about.
Don’t worry the WSJ will say just the opposite . They don’t want any success in tariff war to be known . The day after the WSJ announced the worst month in stocks since the Great Depression the stock market had a record day . Media is not mentioned a word about the 70 country’s that have dropped their tariffs . Scott Bessent is an incredible negotiator and explains the strategy in great detail and totally ignored by the media. People are finally seeing how the media carry’s the water for the folks that are trying to ruin America . The worst tariff in the country is the 10% of added cost to merchandise in the stores in Cali from all the shoplifting . They have to add 10% to the cost of all goods sold in retail from theft .
We quit paying ANY attention to WSJ or NYT many decades ago.
They were both on board with Germany in the late thirties regarding their views of the Jewish population…
at least up until the world discovered how Hitler handled them and they all started disappearing.
They both ended up with so much egg on their faces I am surprised anyone listens to either of those fake leftist news organizations.
Pelosi, Schumer, Murkowski, AOC, Schiff, Merrick, Kopp, Yundt, and Crockett should be checking their blood pressures. They are about to have a heart attack as Trump just keeps winning~USA!
America is being used and abused by our trading partners.
It’s about time our politicians look out for our mfg and industrial base – so we don’t become ” England”.
Fair Trade is right.
Free Trade is allowing another country to exploit our markets.
Be careful. The Han Chinese are descendants of Canaan’s son Sin (where we get the name Sino- used when we’re discussing Chinese relations with another people group). They are smart, determined to win the world, and shrewd in their dealings. Their government is likely dishonest when it suits their goals. Having said my caution, I must agree with Hancock – only President Trump can pull this off with anything like a fair deal for the U.S.
Comments are closed.