Geneva, May 11, 2025 — The United States and China have commenced high-level trade negotiations in Geneva, aiming to de-escalate a trade conflict that has significantly impacted global markets.
President Donald Trump described the initial discussions as a “total reset,” highlighting the constructive nature of the talks. The meetings, held at the U.N. ambassador’s villa in Cologny, Switzerland, involved U.S. Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng. These are the first in-person negotiations since both nations imposed substantial tariffs, with the U.S. levying up to 145% on Chinese imports and China responding with 125% tariffs on American goods.
While no formal agreements have been announced, both sides have expressed optimism about the potential for progress. The talks are set to continue, with further meetings planned through the weekend.
The international community watches closely, hopeful that these discussions may lead to a resolution that stabilizes global trade dynamics.
