US and China negotiations
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As of May 12, 2025, the United States and China have made significant strides in resolving their ongoing trade dispute. After two days of intensive negotiations in Geneva, U.S. Treasury Secretary Scott Bessent reported "substantial progress" in discussions aimed at easing tensions between the two economic powers. While specific agreements have not been disclosed, the talks indicate a potential de-escalation following the imposition of high tariffs by both nations—up to 145% by the U.S. and 125% by China—that had severely impacted bilateral trade.
Tariff negotiations between the US and China are ongoing all day today.
They are expected to continue throughout tomorrow and may yield results on Monday.
