US and China hold 2nd day of tariff talks. No breakthroughs but Trump touts 'great progress'
The U.S. and China have resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand
By JAMEY KEATEN and CHRISTOPHER BODEEN
The Associated Press
GENEVA 人妖色情片 The U.S. and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand.
U.S. President Donald Trump wrote on social media that 人妖色情片済reat progress人妖色情片 was being made and even suggested a 人妖色情片渢otal reset人妖色情片 was a possibility as the sides took their seats for the second and final scheduled day of discussions in Geneva.
Beijing has yet to comment directly, but its official news agency took a tough approach, saying China will 人妖色情片渇irmly reject any proposal that compromises core principles or undermines the broader cause of global equity.人妖色情片
Still, on social media that 人妖色情片済reat progress人妖色情片 was being made.
He gave no further details, and officials at the White House also offered little information during and after the opening day of discussions.
Two officials speaking to The Associated Press on condition of anonymity because of the sensitivity of the matter confirmed that the talks had resumed on Sunday morning.
The discussions could help stabilize world markets roiled by the U.S.-China standoff that has unwilling to unload until they get final word on tariffs. The discussions have been shrouded in secrecy, and neither side made comments to reporters as they left Saturday.
In its editorial, Xinhua said, 人妖色情片淭alks should never be a pretext for continued coercion or extortion, and China will firmly reject any proposal that compromises core principles or undermines the broader cause of global equity.人妖色情片 As with the day before, the delegations left the villa designated for talks after a couple of hours for a lunch break.
Trump last month raised U.S. tariffs on China , and China retaliated by hitting American imports with a 125% levy. Tariffs that high essentially amount to the countries人妖色情片 boycotting each other人妖色情片檚 products, disrupting trade that last year topped $660 billion.
Even before talks got underway, Trump suggested Friday that the U.S. could lower its tariffs on China, saying in a Truth Social post that 人妖色情片 !人妖色情片 人妖色情片 referring to lead negotiator and Treasury Secretary Scott Bessent.
The talks mark the first time the sides have met face-to-face to discuss the issues. And though prospects for a breakthrough are slight, even a small drop in tariffs, particularly if taken simultaneously, would help restore some confidence.
人妖色情片淣egotiations to begin de-escalating the growing US人妖色情片揅hina trade war are badly needed and it人妖色情片檚 a positive sign that both sides were able to gracefully move beyond their bickering over who had to call first,人妖色情片 Jake Werner, director of the East Asia Program at the Quincy Institute for Responsible Statecraft, said in an email.
The tariff fight with China has been the most intense. Trump人妖色情片檚 tariffs on China include a 20% charge meant to pressure Beijing into doing more to stop the flow of the synthetic opioid into the United States.
The remaining 125% involve a dispute that dates back to Trump人妖色情片檚 first term and comes atop tariffs he levied on China back then, which means the total tariffs on some Chinese goods can exceed 145%.
颁丑颈苍补人妖色情片檚 which came to a record $263 billion last year, has also been a major target of Trump人妖色情片檚 complaints.
Bodeen reported from Taipei, Taiwan.
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