throughout this trade war of high tariffs, the only ones losing were the USA... they backed down... China's market partners are huge...

🗞️ Representatives from the United States and China will meet in Geneva to initiate a possible process of détente in trade relations between the two countries. The meeting will bring together U.S. Treasury Secretary Scott Bessent and chief U.S. trade negotiator Jamieson Greer, along with China's economic czar, He Lifeng.
The meeting, confirmed by both sides, comes after weeks of tariff escalation that led rates on certain products to exceed 100%, a situation that Bessent compared to a true trade embargo. The tension has had a strong impact on global supply chains and increased fears of economic slowdown.