Total Reset Negotiated: Donald Trump on US & China Trade Talks
In a significant development in the ongoing trade talks between the United States and China, US President Donald Trump has announced a breakthrough, stating that a “total reset” has been negotiated in a friendly and constructive manner. The talks, which began in Geneva, Switzerland, on May 10, 2025, have made significant progress, according to Trump.
The US-China trade talks have been ongoing for months, with both nations seeking to resolve their differences and reach a mutually beneficial agreement. The talks were seen as a crucial step towards normalizing trade relations between the world’s two largest economies.
In a statement, Trump said, “We want to see, for the good of both China and the US, an opening up of China to American business.” He added that the talks had gone well, with great progress made. The US President’s comments have been seen as a major milestone in the negotiations, and have sparked optimism about the potential outcome of the talks.
The trade talks have been a contentious issue between the US and China, with both nations imposing tariffs on each other’s goods. The US has accused China of unfair trade practices, including intellectual property theft and forced technology transfer. China has denied these allegations, and has argued that the tariffs imposed by the US are harmful to its economy.
The negotiations have been ongoing since last year, with both sides making concessions. In recent months, the talks have gained momentum, with both nations making significant progress. The breakthrough announced by Trump is seen as a major step towards a resolution.
The “total reset” negotiated by the US and China is expected to have significant implications for the global economy. The two nations are the largest trading partners in the world, and any agreement reached between them is likely to have a major impact on global trade.
The reset is expected to include significant changes to the trade relationship between the US and China. It is likely to include concessions from China on intellectual property protection and technology transfer, as well as increased market access for US businesses.
In addition, the reset is expected to include changes to the way that the US and China handle trade disputes. The two nations have used tariffs as a tool to resolve trade disputes, but the reset is likely to include more formalized mechanisms for resolving disputes.
The announcement of the “total reset” negotiated by the US and China has been welcomed by businesses and investors around the world. The deal is seen as a major step towards normalizing trade relations between the two nations, and is expected to have a major impact on the global economy.
In a statement, the US Chamber of Commerce said, “We welcome the announcement of a ‘total reset’ in US-China trade talks. This is a significant step towards a more stable and predictable trade relationship between the two nations.”
The deal is also expected to have a major impact on the US-China rivalry in areas such as technology and innovation. The two nations have been engaged in a bitter competition in these areas, with each side seeking to gain an advantage over the other.
The reset is expected to include changes to the way that the US and China handle intellectual property issues. China has been accused of stealing intellectual property from US companies, and the reset is likely to include measures to prevent this from happening.
In addition, the reset is expected to include changes to the way that the US and China handle technology transfer. China has been accused of forcing US companies to transfer technology to Chinese firms, and the reset is likely to include measures to prevent this from happening.
The “total reset” negotiated by the US and China is a major development in the ongoing trade talks between the two nations. The deal is expected to have significant implications for the global economy, and is likely to have a major impact on the US-China rivalry in areas such as technology and innovation.
Source: https://www.reuters.com/world/china/china-us-trade-talks-begin-geneva-2025-05-10/
