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You are at:Home»Politics»During pricing talks in Geneva, Trump says that “ great progress ” were made with China
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During pricing talks in Geneva, Trump says that “ great progress ” were made with China

May 12, 2025003 Mins Read
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President Donald Trump announced on Truth Social Saturday Night that “great progress” had been made during the trade negotiations of the weekend with China.

During the meeting in Geneva, Switzerland, between American officials, including the Treasury Secretary Scott Bessent, and a Chinese delegation, “many things” were discussed and “a lot (a) accepted,” said Trump.

No major breakthrough has been announced in discussions that lasted more than 10 hours, reported the Associated Press, and negotiations are expected to continue on Sunday.

The Secretary in the United States of the Treasury Scott Bessent between a black SUV

US Treasury Secretary, Scott Bessent, leaves to meet Chinese officials on prices in Geneva, Switzerland on Saturday. (Fabrice Coffrini / AFP via Getty Images)

Hinged trade discussions with the Beijing loom while Trump swears in the new American ambassador to China: “ what timing ”

The administration has announced A series of prices April 2 and then imposed a 145% rate on Chinese products.

After having reduced reciprocal prices on other countries for 90 days to a basic line of 10%, China has raised prices on American products at 125%.

The members of the Chinese delegation leave a residence where commercial talks between the Chinese and American delegations take place in Geneva

Members of the Chinese delegation leave the site where commercial talks between the Chinese and American delegations took place in Geneva, Switzerland on Saturday. (Reuters / Denis Balibouse)

Trump has embarked on the reference rate of 10%, says the White House, despite the announcement of the British trade agreement

Trump told journalists on Thursday at White House China “many” wanted to conclude an agreement, ending the intense tariff battle.

Although the president did not provide a lot of details on Saturday evening, he described the agreement as “a total reset negotiated in a friendly but constructive manner”.

“We want to see, for the good of China and The United StatesAn opening from China to American affairs, “Trump wrote in the post.” Great progress made !!! “”

A car with the American Treasury Secretary Bessent leaves a residence where commercial talks between the Chinese and American delegations take place in Geneva

The Treasury Secretary Scott Bessent is heading for commercial talks between Chinese and American delegations in Geneva, Switzerland. (Reuters / Denis Balibouse)

Trump says that the 80% price on China “ seems just ” before the weekend talks with Beijing

A long -standing supporter of the prices, Trump argued that “fair” homework could approach the country’s record trade deficit of $ 1.2 billion from 2024 and encourage the return of American manufacturing jobs.

Bessent said in April that prices could cost China up to 10 million jobs, which makes Chinese prices unbearable.

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“Even if there is a decrease in prices, they could lose 5 million jobs,” said Besse to journalists from the White House. “Remember that we are the country of the deficit. They sell us almost five times more goods than we sell to them. So there will be Uus to remove these prices.”

Diana Stancy of Fox News Digital and the Associated Press contributed to this report.

Alexandra Koch is a writing of news for Fox News Digital. Before joining Fox News, Alexandra covered news, crime, religion and soldiers in the Southeast.

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