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
Trump wants mass deportations, but US views of immigration are more positive since he took office

Trump Advocates for Mass Deportations, Yet American Opinions on Immigration Have Grown More Favorable Since His Presidency

WASHINGTON (AP) — Mere months after President Donald Trump’s return to office…
Protesters and federal agents clash during raid at Southern California farm

Clash Erupts Between Protesters and Federal Agents During Southern California Farm Raid

A clash broke out on Thursday involving protesters and federal agents conducting…
Anti-ICE Protestors Douse Themselves in Milk to Fight Off Pepper Spray at Cannabis Facility in California

Protesters Against ICE Use Milk to Counteract Pepper Spray at California Cannabis Facility

An extensive Immigration and Customs Enforcement (ICE) raid occurred at Glass House…
Kendra G, Raven Smith join Windy City Weekend; Val and Ryan talk Bud Billiken Parade, Windy City Smokeout, new movies

Kendra G and Raven Smith Team Up on ‘Windy City Weekend’; Val and Ryan Discuss Bud Billiken Parade, Windy City Smokeout, and Upcoming Movies.

CHICAGO (WLS) — On Friday morning, Val Warner and Ryan Chiaverini invited…
Trump to tour Texas flood damage as the scope of the disaster tests his pledge to shutter FEMA

Trump Visits Texas to Assess Flood Damage amid Challenges to His Promise to Close FEMA

As President Donald Trump travels to Texas on Friday to witness the…
'Freakier Friday': Behind-the-scenes look at Lindsay Lohan and Jamie Lee Curtis on set of the new Disney sequel

‘Freaky Friday’ Sequel: Exclusive Behind-the-Scenes with Lindsay Lohan and Jamie Lee Curtis on the Disney Set

Take an exclusive behind-the-scenes tour of “Freakier Friday,” the sequel to the…
Georgia teen who raised 'awareness' about mother, stepfather's deaths on TikTok now charged with their murder

Georgia Teen Who Publicly Mourned Parents on TikTok Is Now Charged with Their Murders

In Georgia, a teenage girl is facing charges for the alleged murders…
US to revoke visas for some Chinese students

Impending Layoffs Anticipated at the State Department

It wasn’t immediately clear how many people would be dismissed. WASHINGTON D.C.,…
Israel Gaza Concentration Camp: Haaretz Calls Out Rafah Camp

Haaretz Criticizes Rafah Camp in Gaza, Referring to It as a “Concentration Camp”

Israel’s defense minister is promoting a plan to herd Gaza’s entire population…
Photo of Carolina Wilga at a petrol station.

Backpacker Carolina Winger, 26, Found Alive After Nearly Two Weeks Lost in Australian Wilderness

A GERMAN backpacker missing for nearly two weeks in the remote Australian…
Judge considers Abrego Garcia request to try to avoid deportation before trial

Judge Reviews Abrego Garcia’s Request to Prevent Deportation Prior to Trial

Abrego Garcia became a focal point concerning President Trump’s immigration policies when…
Trump and George Soros have this in common: Scott Bessent

Scott Bessent Highlights a Commonality Between Trump and George Soros

President Trump and left-wing billionaire George Soros have more similarities than previously…