Trump claims a ‘total reset’ has been reached with China throughout high-stakes commerce talks | EUROtoday

President Donald Trump claims that there was “a total reset” with China after his aggressive tariffs fueled a commerce warfare with the world’s second-biggest financial system.

The two nations are holding high-stakes talks this weekend after being at loggerheads for weeks over the tariffs.

“A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner,” Trump posted on Truth Social Saturday night. “We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE!!!”

While no handout of the negotiations has but been offered by both nation, China’s state-run information company Xinhua described Saturday’s conferences as “an important step toward resolving the dispute.”

Saturday’s assembly with China lasted at the very least eight hours, in accordance with the Wall Street Journalhowever a deal was not introduced.

The White House introduced this week that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer can be assembly with their Chinese counterparts in Geneva in an try to thrash out a deal.

Trump imposed tariffs of 145 % on Chinese items, whereas China has set 125 % tariffs on U.S. merchandise, with enormous penalties for each nations. China provides a large quantity of electronics, toys, textiles and furnishings to the U.S. because it buys grains and oilseeds from American farmers, in addition to oil and gasoline.

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