Total Reset Negotiated: Donald Trump on US & China Trade Talks
In a significant development, the trade talks between the United States and China have culminated in a “total reset” with both parties agreeing to a constructive and friendly manner. The talks, which took place in Geneva, Switzerland, have been hailed as a major breakthrough, with US President Donald Trump expressing satisfaction over the outcome.
According to a report by Reuters, Trump tweeted about the successful negotiations, stating, “A total reset negotiated in a friendly, but constructive manner.” He further emphasized the need for China to open up its markets to American businesses, saying, “We want to see, for the good of both China and the US, an opening up of China to American business.” The US President added that “great progress” had been made, indicating a significant improvement in the trade relations between the two nations.
The trade talks, which began on May 10, 2025, marked a crucial step in resolving the long-standing trade tensions between the world’s two largest economies. The negotiations aimed to address the key issues that have been plaguing the trade relationship, including intellectual property theft, market access, and technology transfer.
The “total reset” negotiated by the two parties is expected to bring about significant benefits to both countries. For the United States, the opening up of China’s markets to American businesses is likely to increase exports, create jobs, and boost economic growth. On the other hand, China is expected to gain from increased investment and cooperation with the US, as well as improved access to American markets.
The successful negotiations have been attributed to the constructive and friendly approach adopted by both parties. Trump’s willingness to engage in direct talks with Chinese leaders, including President Xi Jinping, has been seen as a key factor in the breakthrough. The two leaders have developed a rapport over the past few years, which has helped to facilitate the negotiations.
The trade talks have also been facilitated by the efforts of other world leaders, including European Union officials, who have been working to promote cooperation and understanding between the two nations. The EU has been a key player in the negotiations, with European Commission President Ursula von der Leyen playing a crucial role in bringing the two parties together.
The successful outcome of the trade talks has sent a positive signal to the global economy, which has been grappling with the impact of the COVID-19 pandemic. The agreement is expected to boost confidence in the international trade system, encouraging other countries to engage in constructive dialogue and cooperation.
However, despite the progress made, there are still several challenges that need to be addressed. The two parties have agreed to continue working together to resolve outstanding issues, including the dispute over tariffs and intellectual property rights.
In conclusion, the “total reset” negotiated between the United States and China marks a significant turning point in the trade relationship between the two nations. The agreement is expected to bring about significant benefits to both countries, including increased trade, investment, and cooperation. As the two parties continue to work together to resolve outstanding issues, the global economy can expect a more stable and prosperous future.
Source:
https://www.reuters.com/world/china/china-us-trade-talks-begin-geneva-2025-05-10/
