NewStats: 3,260,960 , 8,172,905 topics. Date: Wednesday, 28 May 2025 at 02:03 AM 121uf

Earlier in the year, the US placed a 245% import tariff on Chinese goods with China reciprocating with a 125% likewise tariff

The U.S. and China issued a t statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days, with both sides "recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship."

U.S. and Chinese representatives convened for talks in Geneva, Switzerland, this weekend in a bid to establish the basis for negotiations in a broader potential trade deal. President Donald Trump's "Liberation Day" tariff measures announced in April touched off a spiralling trade war between the two economic giants, roiling markets and prompting fears of a recession in the U.S.

"We have reached an agreement on a 90-day pause and substantially move down the tariff levels," Treasury Secretary Scott Bessent said at a Monday press conference in Geneva. "Both sides, on the reciprocal tariffs, will move their tariffs down 115%," Bessent said.

U.S Trade Representative Jamieson Greer added that the U.S and China will maintain 10% reciprocal tariffs as part of the agreement.

"Today, with this agreement, we come to agreement that though that our reciprocal tariff rate will go down to 10% on the United States side," Greer said. "The Chinese on their side also go down 115% to 10% and they remove the countermeasures that they have in place."

Greer confirmed that during the pause, the effective tariff on Chinese goods entering the U.S. will be 30%. He also said that China's effective tariffs will be at 10% for the duration of the pause. The changes will come into force by Wednesday, the t U.S.-China statement said.

"What matters for the agreement today is that we each agreed to come down on the reciprocal tariff and related retaliation to 10%," Greer said.

Monday's announcement followed two days of talks that both sides described as successful.

In a media briefing on Sunday, Chinese Vice Premier He Lifeng said trade talks with the U.S. "achieved substantial progress and reached important consensus."

Earlier Sunday, the White House said that it reached an agreement without providing any details.

While Greer called it a "deal," Bessent said only that "substantial progress" had been made.

SOURCE

No country can exist in isolation amongst the world powers...

China is not really feeling the heat of the tariffs but US does! Most electronic devices comes from china . Asides that China is no small country ! in of Technology and many things US is behind china . I knew all these Trump initial gragra on trade war is for a while !

So finally, Trump is all about braggadocio—empty talk and no show
China is not one of those countries that is going to come running to kiss his ugly white a*s

Trump essentially exposed what an incredibly giant China is

You can’t bully China.

Trump just bow to pressure he initiated by his myopic action.

quote author=dawnomike post=135336365]No country can exist in isolation amongst the world powers...[/quote]

Trump has forced negotiations...which is what he wanted

fergie001:
Earlier in the year, the US placed a 245% import tariff on Chinese goods with China reciprocating with a 125% likewise tariff


SOURCE

Mad man of America can only bully but cannot bite, he knows those who are dangerous for him to cross their paths.

fergie001:
Earlier in the year, the US placed a 245% import tariff on Chinese goods with China reciprocating with a 125% likewise tariff


SOURCE

Trump folded

tempex88:
Trump has forced negotiations...which is what he wanted

The Chinese didn't bow to him. They went head to head with him. He should have continued his madness and refuse to have any negotiation except China cut tariffs on US goods to what they were before the trade war started

China don knack Trump small akpako

I said it before and will say it again. Trump is a FOOL

Who said Donald Trump doesn't know what he is doing? The guy's oppressive style of negotiation is at another level entirely.

Breaker001:
Who said Donald Trump doesn't know what he is doing? The guy's oppressive style of negotiation is at another level entirely.

After all the mouth what exactly did he get from China? China knack US akpako.

Even the India Pakistan saga don put China for map for fighter jet.

This season na China own

Mide70:
China is not really feeling the heat of the tariffs but US does! Most electronic devices comes from china . Asides that China is no small country ! in of Technology and many things US is behind china . I knew all these Trump initial gragra on trade war is for a while !

Not most almost everything from electronics to food to pork, to packed foods etc.


I could walk you around USA stores and see all their shelves if not half empty.

The Chinese will sure be proud they made an impact wit this tarrifs wars. Next time USA want to brag, they will how the Chinese dealt with them.

WHY was i not invited to the meeting

So what’s the situation with MAGA if Trump agreed on this?

princemillla:



Not most almost everything from electronics to food to pork, to packed foods etc.

Even made in China toys have taken over in the USA

Breaker001:
Who said Donald Trump doesn't know what he is doing? The guy's oppressive style of negotiation is at another level entirely.

I bet u 10000 times that he doesn't know what he is doing. And he is the arrogant type that doesn't listen to his subordinate.


The heat and submission came from mostly those who funded his campaign and major player in his last elections. He felt Chinese are taking 1trillion usd on a daily basis and he is ready to cut em off and move industries back to USA.

Trump played into the hands of China and lost that US leverage , that’s what you get when you surround yourself with uneducated white folks whose only claim to brilliance is being white

Trump wins!
This had always been his intention and goal from the outset which was bringing both countries to the negotiation table!
He may not be your most popular president but he simply gets the job done even in the most unorthodox manner!

these what happens when people AcT and think later

deekheads

Thedon12:
Trump just bow to pressure he initiated by his myopic action.

quote author=dawnomike post=135336365]No country can exist in isolation amongst the world powers...

You people should calm down, Trump's plan was actually to force China to the negotiation table, and he has achieved that.

We have reached an agreement on a 90-day pause and substantially move down the tariff levels," Treasury Secretary Scott Bessent said at a Monday press conference in Geneva. "Both sides, on the reciprocal tariffs, will move their tariffs down 115%,"



Donald Trump is dull

Funny leader, going back and forth like kids

rinzaugustine:
Trump played into the hands of China and lost that US leverage , that’s what you get when you surround yourself with uneducated white folks whose only claim to brilliance is being white

ya

Iykenuwa:


You people should calm down, Trump's plan was actually to force China to the negotiation table, and he has achieved that.

What has he achieved

Very funny

Was China ever opposed to negotiations?

The simple truth is that Trump backed down after realising the ridiculousness of his position

China has said nothing new .It has said the same thing from day one
It is open to negotiations based on EQUALITY and RESPECT


Not talking about Leaders are lining up to kiss my ass or China must call me first.
All of that did not work with China
The Chinese president REFUSED to meet TRUMP

His position is Let the officials meet and draw up an agreement and when it is ready we can meet to sign it. I am not coming to Washington to kiss your ring and pay homage like all the others

I will only meet you when we have a deal and you will not dictate that deal.