Trump touts “huge progress” as we start tariff negotiations with China the next day
The U.S. and China resumed key tariff talks on Sunday, putting the global economy at an advantage, but putting different views on the current position of the negotiations.
U.S. President Donald Trump wrote on social media that “huge progress” is being made and even suggested “reset all” because both sides made the second and last scheduled date in Geneva and their seats are OK.
Beijing has not commented directly, but its official news agency has taken a tough stance, saying China will “resolutely reject any proposals that undermine the core principles or undermine the broader causes of global equity.”
U.S. Treasury Secretary Scott Bessent said in an event chaired by the International Finance Institute that the U.S. “continuous over-dependence on consumer demand” is creating an “increasingly balanced” global economy, citing China's export growth economy is a “unsustainable” model.
Trump's post did not provide more details, and White House officials provided little information after the opening day and after the discussion.
Due to the sensitivity of the matter, two officials confirmed in the Associated Press speech on condition of anonymity that the talks resumed Sunday morning.
Chief Political Correspondent Rosemary Barton talks with former U.S. Labor Secretary Robert Reich about possible deals with China and whether President Donald Trump can suspend automatic tariffs to give automakers more time to move to the U.S.
Discussions may help stabilize the United States-China standoff sweeps the world market, which has ships in ports and cargoes that China is reluctant to unload until they get the final news of tariffs.
Discussions were already secretly shrouded, and neither side commented on reporters when they left Saturday.
