Trump says 'total reset negotiated' with China during Bessent's tariff talks in Geneva
Share this @internewscast.com

President Donald Trump announced on Truth Social Saturday night that “great progress” had been made during weekend trade negotiations with China.

During the gathering in Geneva, Switzerland, involving U.S. representatives like Treasury Secretary Scott Bessent and a delegation from China, numerous topics were talked about and various agreements were reached, according to Trump.

As reported by The Associated Press, no significant advancement was revealed after more than 10 hours of discussions, with talks set to carry on into Sunday.

The administration announced a round of tariffs April 2 and later imposed a 145% tariff on Chinese goods.

After reducing reciprocal tariffs on other countries for 90 days to a baseline of 10%, China raised tariffs on U.S. goods to 125%.

On Thursday, Trump told reporters at the White House China “very much” wanted to make a deal, ending the intense tariff battle.

Although the president shared limited details on Saturday night, he characterized the agreement as “a comprehensive reset achieved in a cordial yet productive way.”

“We want to see, for the good of both China and the U.S., an opening up of China to American business,” Trump wrote in the post. “GREAT PROGRESS MADE!!!”

A longtime supporter of tariffs, Trump argued that “fair” duties could address the nation’s record $1.2 trillion trade deficit from 2024 and encourage the return of U.S. manufacturing jobs.

Bessent said in April the tariffs could cost China up to 10 million jobs, making Chinese tariffs unsustainable.

“Even if there is a drop in the tariffs, they could lose 5 million jobs,” Bessent told White House reporters.

“Remember that we are the deficit country. They sell almost five times more goods to us than we sell to them. So, the onus will be on them to take off these tariffs.”

Fox News Digital’s Diana Stancy and The Associated Press contributed to this report.

Share this @internewscast.com
You May Also Like
Bryan Kohberger questioned: Inside his first interview with police after Idaho student murders

Sister’s Chilling Warning to Bryan Kohberger About ‘Psycho Killer’ Surfaces Before His Arrest

Bryan Kohberger’s younger sister shared a chilling memory of cautioning her brother…
President Nicolas Maduro of Venezuela to be flown to New York on drug trafficking, narco-terrorism charges

Venezuelan President Nicolas Maduro Faces U.S. Extradition on Grave Narco-Terrorism Charges

According to sources speaking with ABC News, former Venezuelan President Nicolas Maduro…
Maduro's presumed successor, Venezuelan Vice President Delcy Rodriguez, is possibly in Russia: report

Venezuelan Vice President Delcy Rodriguez, Speculated Successor to Maduro, Reportedly Visits Russia

Venezuelan Vice President Delcy Rodriguez, who is widely considered to be the…
Chicago Police Department Deputy William Betancourt dies following medical emergency, CPD says

Chicago Mourns Loss: Deputy William Betancourt Passes After Sudden Medical Emergency – CPD Confirms

CHICAGO (WLS) — Tragedy struck the Chicago Police Department as Deputy Chief…
Maduro met Chinese envoy hours before US capture from Caracas as Beijing slams operation

Maduro Engages with Chinese Envoy Shortly Before U.S. Capture in Caracas, as Beijing Criticizes the Move

Just before his apprehension by U.S. forces, Venezuelan President Nicolás Maduro held…
 'Only the United States Could Do This': Gen. Caine on Maduro Capture

Gen. Caine Highlights Unique U.S. Role in Maduro’s Capture

In a significant revelation, Joint Chiefs of Staff Chairman Dan “Raizin” Caine…
Neighbor who knifed Bronx mom to death in dog dispute arraigned in hospital on murder charges

Bronx Resident Arraigned on Murder Charges in Hospital Following Fatal Dog-Related Altercation

A 24-year-old woman, accused of fatally stabbing a mother in an elevator…
Sex offender found with missing St. Johns County juvenile facing new charges, sheriff's office says

St. Johns County Juvenile Safe After Rescue from Sex Offender: New Charges Filed, Sheriff Reports

Darnell Hairston, a 60-year-old convicted sex offender, is now facing additional charges…
St. Charles demonstrators rally to support ban on federal immigration enforcement agencies, denounce ICE and Border Patrol

St. Charles Rallies for Change: Community Unites Against ICE and Border Patrol in Push for Federal Immigration Reform

In a statement delivered Saturday morning, President Donald Trump addressed his initiative…
Trump Announces Venezuelan Leader Nicolas Maduro and His Wife Captured Following ‘Large Scale’ US Strike

Trump Reveals Capture of Venezuelan President Nicolas Maduro and First Lady in Major U.S. Operation

In a significant development early Saturday, President Trump revealed that the United…
Vice President Vance Has a Timely 'PSA' for Dems Melting Down Over 'Illegal' Venezuela Op

VP Vance’s Urgent Message: Addressing Democratic Concerns Over Venezuela Operations

Nicolás Maduro, the controversial figure and disputed leader of Venezuela, finds himself…
Venezuelan leader Maduro lands in New York after being captured by US forces on drug conspiracy charges

Breaking News: Venezuelan President Maduro Arrested in New York on Major Drug Conspiracy Charges

On Saturday afternoon, Venezuelan President Nicolás Maduro and his wife, Cilia Flores,…