The United States and China resumed critical tariff negotiations on May 11 as ongoing trade relations remain sour after both nations imposed staggeringly high tariffs on one another this year.
In a Saturday post on his social platform Truth Social, President Donald Trump wrote that “great progress” had been made in discussions between his administration and China. He suggested a “total reset” was possible between the two countries as both sides settle into the second and final day of planned discussions in Geneva, Switzerland.
While Beijing has not yet publicly commented on the negotiations, Xinhua, its official news agency took a hardline approach and said China will reject any proposals that undermine “global equity.”...
