China, White House and trade talks
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While Trump was reluctant to lower tariffs against Beijing too quickly, several White House staffers – including Chief of Staff Susie Wiles, Treasury Secretary Scott Bessent and other aides – warned him the penalties were placing his own supporters in danger, sources told the Washington Post.
Representatives from China and the U.S. met for a second day Sunday to discuss trade policies amid fallout from President Donald Trump’s tariff plan.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.
The Geneva talks come after President Trump slapped 145% tariffs on U.S. imports from China and Beijing retaliated with a 125% levy on U.S. goods.
T op negotiators from the United States and China are set to meet in Geneva on Saturday, as the world’s two largest economies seek to navigate a path away from a bruising trade war that has disrupted global supply chains, slowed economic growth, and sent shockwaves through industries from electronics to agriculture.
Earlier Sunday, the White House said that it reached a deal without ... of the permanent Swiss ambassador to the United Nations in Geneva on May 11, 2025. Valentin Flauraud/AFP via Getty Images ...
Officials wrapped up two days of bargaining in Switzerland and touted "substantial progress." More details are expected on Monday.
The United States will trim the low-value 'de minimis' tariff on China shipments, a White House executive order showed on Monday, further de-escalating