Trump Announces ‘Total Reset’ in US-China Trade Ties After Geneva Talks

Former U.S. President Donald Trump has declared a “total reset” in trade relations between the United States and China following high-level discussions between both countries in Geneva, Switzerland. The talks, which marked a major step toward easing one of the world’s most closely watched economic tensions, were described by Trump as “very good” and “constructive.”

The meeting, held at the U.S. ambassador’s residence, brought together U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. It was the first face-to-face dialogue since both nations escalated tariffs in early 2025, with the U.S. imposing a 145% tariff on Chinese imports and China responding with a 125% levy on American goods.

Trump, in a social media post following the first day of the talks, said that “change was negotiated in a friendly, but constructive, manner,” emphasizing the positive tone of the discussions. He also hinted at a potential softening of tariff rates, saying a reduction to 80% was under consideration though no firm agreement has been reached.

The Geneva talks are part of ongoing efforts by both sides to defuse tensions that have disrupted global trade, shaken investor confidence, and affected supply chains across key industries. While no immediate breakthroughs were announced, both delegations agreed to continue negotiations in the coming weeks.

Chinese state media confirmed the talks but stressed that Beijing would not accept any deal that compromises its core national interests. Analysts view this stance as a signal that, while dialogue has resumed, both sides remain cautious and firm on key trade issues such as market access, intellectual property rights, and subsidies for domestic industries.

International observers have welcomed the renewed engagement, noting that a stable U.S.-China trade relationship is vital to the health of the global economy. With inflation, supply chain disruptions, and geopolitical tensions all playing a role, the outcome of these negotiations will be closely monitored by governments and businesses worldwide.

As talks continue, expectations remain high for tangible results that could lead to a rollback of tariffs and pave the way for more balanced and sustainable trade between the world’s two largest economies.