Total Reset Negotiated: Donald Trump on US & China Trade Talks
The long-awaited trade talks between the United States and China have finally come to a close, and the results are promising. In a statement made on May 10, 2025, US President Donald Trump announced that the talks had gone well, describing the outcome as a “total reset negotiated in a friendly, but constructive manner.” Trump emphasized the importance of opening up China to American businesses, stating that he wants to see “for the good of both China and the US, an opening up of China to American business.”
The trade talks, which took place in Geneva, Switzerland, marked a significant milestone in the ongoing trade dispute between the two economic giants. The talks, which began on May 10, 2025, were attended by top officials from both countries, including US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
The talks have been ongoing for months, with both sides showing a willingness to negotiate and find a solution to their trade dispute. The dispute, which began in 2020, has seen tariffs imposed on billions of dollars’ worth of goods, causing significant damage to both economies.
So, what exactly did the two sides agree on? While details of the agreement are still scarce, Trump’s statement suggests that the talks were productive, with both sides making significant progress. Trump stated that “great progress made” during the talks, indicating that a deal is within reach.
The US has been pushing China to open up its markets to American businesses, particularly in the areas of agriculture, manufacturing, and services. China, on the other hand, has been seeking to reduce US tariffs and address its concerns over intellectual property rights and technology transfers.
In recent months, there have been signs of progress in the talks. In March, the US and China announced a deal to increase Chinese purchases of US agricultural products, which was seen as a breakthrough in the talks. The deal, which was signed by Lighthizer and Liu He, committed China to purchasing $12.5 billion worth of US agricultural products over the next two years.
The Geneva talks were seen as a critical moment in the negotiations, with both sides under pressure to reach a deal. The US has been pushing for a comprehensive deal that addresses all aspects of the trade dispute, while China has been seeking a more limited agreement that focuses on specific issues.
So, what does the “total reset” negotiated by Trump mean for the US and China? In simple terms, it means that both sides have agreed to start fresh and work together to address their trade issues. The agreement is seen as a significant step forward in the talks, and could lead to a lasting solution to the trade dispute.
The implications of the deal are significant, both for the US and China. For the US, the deal could lead to increased access to the Chinese market, which could boost American businesses and create jobs. For China, the deal could help to address its concerns over intellectual property rights and technology transfers, which have been a major sticking point in the talks.
In conclusion, the “total reset” negotiated by Trump is a significant development in the US-China trade talks. The agreement, which was reached in Geneva, Switzerland, marks a major step forward in the negotiations and could lead to a lasting solution to the trade dispute. While details of the agreement are still scarce, Trump’s statement suggests that both sides have made significant progress, and that a deal is within reach.
Source: https://www.reuters.com/world/china/china-us-trade-talks-begin-geneva-2025-05-10/
