Monday, May 12, 2025
77.6 F
New York

U.S. and China Engage in Geneva Talks Amidst Escalating Trade Tensions

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.

Hot this week

New Technique Uses Sound Waves for Internal 3D Printing Applications

Researchers have unveiled a novel 3D printing method that...

Breakthrough Research Shows Earth’s Atmosphere Mirrors Solar Flare Activity

In a groundbreaking discovery, scientists have found that Earth's...

Hamas Announces Imminent Release of Israeli-American Hostage Edan Alexander

Gaza Strip, May 11, 2025 — Hamas has declared...

The Beatles Are Coming to the Big Screen—And These Writers Hold the Pen

Director Sam Mendes has assembled a trio of esteemed...

Chrome Gets Smarter: New AI Tool Fights Scams in Real Time

Google has officially expanded the security capabilities of Chrome...

Topics

New Technique Uses Sound Waves for Internal 3D Printing Applications

Researchers have unveiled a novel 3D printing method that...

Breakthrough Research Shows Earth’s Atmosphere Mirrors Solar Flare Activity

In a groundbreaking discovery, scientists have found that Earth's...

The Beatles Are Coming to the Big Screen—And These Writers Hold the Pen

Director Sam Mendes has assembled a trio of esteemed...

Chrome Gets Smarter: New AI Tool Fights Scams in Real Time

Google has officially expanded the security capabilities of Chrome...

Spain’s Energy Emergency: Blackout Wipes Out €400M From Economy in One Day

On April 28, 2025, Spain experienced its most extensive...

Maldives Strikes $9B Crypto Deal With Gulf Investor to Rescue Economy

The Maldives has announced a groundbreaking partnership with MBS...

Klein Vision Unveils Production-Ready AirCar 2, Launching Next Year

Klein Vision, a Slovakian company, has unveiled the AirCar...
spot_img

Related Articles

Popular Categories

spot_img