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US-China Trade Talks: A Step Towards De-escalation
2025-05-10 16:55:09

US-China Trade Talks: A Step Towards De-escalation

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Recent discussions between the United States and China signal a potential shift in their ongoing trade conflict. President Trump has indicated a willingness to reduce tariffs from 145% to 80%, urging China to open its markets to American products.

High-level talks in Switzerland between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng aim to ease tensions that have led to steep tariffs and significant trade disruptions.

While the atmosphere is cautious, with analysts skeptical about achieving substantial breakthroughs, the very occurrence of these negotiations is viewed as a positive sign. The dialogue reflects a mutual desire to find common ground amid escalating economic pressures.

China's central bank's recent moves to lower interest rates indicate its struggle with declining consumer prices, further emphasizing the urgency of resolving trade disputes. Although a major agreement may remain elusive, both nations are exploring avenues to alleviate the burdens of tariffs, potentially calming global markets and restoring trade stability.

Related news on that topic:

US-China Trade Talks in Geneva: A Step Towards Resolution

In Geneva, senior officials from the United States and China are engaged in crucial discussions to de-escalate their ongoing trade conflict. US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are seeking ways to address soaring tariffs, which currently exceed 145% on Chinese goods and 125% on US products. While the atmosphere hints at potential compromise, a swift resolution appears unlikely. President Trump has expressed willingness to consider reduced tariffs, suggesting rates around 60% or 80%. These private talks are seen as a necessary step to ease tensions rather than to finalize a comprehensive trade agreement. The head of the World Trade Organization has welcomed the dialogue, viewing it as a positive move toward stabilizing the global economic landscape. Amidst these negotiations, China has also lifted sanctions on certain EU members, indicating the broader implications of the trade war. As the situation evolves, the international community watches closely for developments.

US-China Trade Talks: Navigating a Delicate Balance

The ongoing trade tensions between the United States and China have reached a critical juncture as both nations engage in high-stakes negotiations. President Donald Trump has indicated a willingness to reduce tariffs on Chinese goods, suggesting a decrease to 80% from the current 145%. This move comes as both countries face significant economic pressures and seek to de-escalate their trade conflict. The Geneva meeting between top US and Chinese officials aims to find common ground, though expectations remain cautious. The tariffs, accompanied by China's retaliatory measures, have significantly impacted global trade flows. Despite the challenges, there is hope that the talks could lead to a roadmap for future discussions, potentially paving the way for a reduction in tariffs. As the world watches, the outcome of these negotiations could have profound implications not only for the US and China but also for the global economy. The talks are expected to focus on reducing tensions rather than achieving a comprehensive trade deal. With both sides holding firm on their strategic priorities, the path forward remains uncertain, highlighting the delicate balance required in these negotiations.

Read 8 more recent news on this topic

The press radar on this topic:

t-online
9. Mai 2025 um 13:28

Trump: 80 Percent Tariffs with China as a Brand

US President Donald Trump has raised the possibility of lowering tariffs from 145 percent to 80 percent in the trade conflict with China before the first meeting. He is calling on China to open its market to US products. Finance Minister Scott Bessent will meet with Chinese Vice Premier He Lifeng in Switzerland to discuss de-escalating the trade disputes. Trump had previously rejected lowering tariffs before the negotiations, while China in turn imposes tariffs of 125 percent on US imports.
Al Jazeera
10. Mai 2025 um 12:50

China, US hold talks on tariffs in first bid to de-escalate trade war

China's trade envoy He Lifeng and US Treasury Secretary Scott Bessent held talks in Switzerland aimed at easing tensions from a trade war, which has seen the US impose a 145% tariff on Chinese goods and China retaliate with a 125% tariff. The discussions are the first official engagement since these tariffs were enacted, with low expectations for significant breakthroughs. Both sides are reportedly considering a simultaneous de-escalation of tariffs, although analysts express skepticism about..
New York Times - Business
10. Mai 2025 um 15:33

‘Don’t Need a Deal.’ Top Trump Economic Adviser Is All in on His China Hardball

In the first 100 days of the second Trump administration, Stephen Miran, chair of the Council of Economic Advisers, has supported President Trump's aggressive tariff policies, which have raised import taxes to historic levels. As trade negotiations with China are ongoing, Miran emphasized that while market volatility has increased, it does not indicate long-term issues for the economy. He noted that businesses are currently hesitant and awaiting outcomes from negotiations and tax legislation,..
Deutsche Welle
10. Mai 2025 um 10:15

US and China seek to de-escalate trade war

Senior US and Chinese officials met in Geneva to de-escalate the ongoing trade war between the world's two largest economies. The talks come after the US and China imposed steep tariffs on each other's imports, effectively shutting down trade worth over $660 billion last year. While a major breakthrough is unlikely, the two sides hope to ease the punishing tariffs and soothe global markets. The US president has hinted that the US might consider easing tariffs on China.
Frankfurter Rundschau
10. Mai 2025 um 06:19

Zölle-Alarm in China: Brisante Folgen absehbar – Gipfel mit Trump-Regierung in den Alpen

Der Handelskrieg zwischen den USA und China führt in China zu sinkenden Verbraucherpreisen, was langfristig problematisch sein könnte. Um die Wirtschaft anzukurbeln, hat Chinas Zentralbank Zinssenkungen angekündigt. Am Wochenende soll es in der Schweiz ein Treffen zwischen hochrangigen Vertretern beider Länder geben, um eine Entlastung des Konflikts zu erreichen.
CW

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