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Trump hails China talks, says two sides negotiated 'total reset' in Geneva

Trump hails China talks, says two sides negotiated 'total reset' in Geneva

13 Sept 13:51 Key points summarised by AI
  • President Trump declared U.S.-China talks in Geneva a "total reset," expressing a desire for China to open up to American businesses and claiming "GREAT PROGRESS MADE."
  • Top U.S. and Chinese officials, including U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, held extensive, eight-hour discussions aimed at defusing the escalating trade war.
  • The negotiations sought to address the trade dispute that has brought nearly $600 billion in annual bilateral trade to a standstill and threatened the global economy.
  • The U.S. pushed for a reduction in its trade deficit and market reforms in China, while Beijing demanded lower tariffs and equal treatment on the world stage.
  • Despite low expectations for an immediate breakthrough on tariff reductions, the talks themselves were seen as a crucial, positive step towards de-escalation and establishing a potential roadmap for future dialogue.
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