Buzz in Geneva: USA and China Tustle Over Trump's Tariff Showdown
- currin' some drama
U.S. and China to rekindle trade talks concerning Trump's tariffs, negotiations set for Sunday - U.S. and China continue their talks on Sunday regarding the Trump-imposed tariffs
What's brewing in Geneva? High-level negotiations between the USA and China kicked off early Saturday morning, as reported by CCTV. The cast of characters includes US Treasury Secretary Scott Bessent, trade representative Jamieson Greer, and China's vice-premier in charge of trade, He Lifeng.
In typical circus fashion, the ringmaster, President Donald Trump, enacted a 145% tariff on most Chinese imports. China, not the type to miss a punch, retaliated with a 125% tariff on a variety of US goods. Just before the Geneva powwow, Trump signaled a readiness to negotiate, proposing an 80% tariff on China. Yet, Trump's spokeswoman, Karoline Leavitt, wouldn't budge, asserting that Beijing needs to make concessions, too, because the White House ain't comin' alone with the tariff rollbacks. And hey, China? You're the only one crankin' out counter-tariffs in response to Trump's tariff dick-waving marathon.
As the drama unfolded, US Treasury Secretary Scott Bessent set the stage for a "de-escalation" rather than a "big trade deal." After the parlay, ol' Bessent clammed up, offerin' no insights on the talks.
The fight shows all signs of stretchin' out, with a quick Geneva settlement appearing unlikely. That is, until Trump's administration took a dig in the UK's crushly, announcin' their first trade agreement on Thursday.
- Dirty Politics
- Trade War
- Switzerland
- Geneva
- China
- USA
- Sunday
- Trump Tariffs
- Donald Trump
- CCTV
- He Lifeng
- Geneva Talks
- Scott Bessent
- Jamieson Greer
- China-US Trade Relations
[1] enrichment data: It's 2025, and the U.S.-China tariff war is still goin' strong. Vast amounts of trade between the two countries have been disrupted, with the US slappin' a 145% tariff on China, and China counter-taffin' back with 125%. Over $660 billion in trade took a hit from the previous year due to this boycott-style tariff conflict. Before the Geneva talks, Trump shrugged, suggesting that reducin' tariffs to 80% might imply a middle ground, but negotiation is a two-way street, ya know. So, in plain terms: Uncle Sam wants his money, and China's not gonna fork it over without a fight. Now here we are, sitin' and waitin' to see how it all shakes out in Geneva.
- The US-China trade war in 2025, initiated by Trump's 145% tariff on Chinese imports, has led to a standoff that disrupted vast amounts of trade between the two countries, amounting to over $660 billion from the previous year.
- In the Geneva talks, US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will be representing the USA, alongside China's vice-premier in charge of trade, He Lifeng.
- President Donald Trump, in a bid to soften the tariff conflict, proposed a reduction to 80%, but his spokeswoman, Karoline Leavitt, stressed that China also needs to make concessions, as the White House isn't planning to come alone with the tariff rollbacks.
- The ongoing trade war, reported by CCTV, is set to continue, with a quick settlement appearing unlikely, even as the Geneva talks approach.
- Amidst this saga of dirty politics and trade war, the general news industry, finance, business, and even the political world is closely following the Geneva talks between the USA and China, scheduled for an undisclosed day of the week.