Day one of the critical trade talks
between the United States and China in Switzerland is over. Progress
has been made, though some in the media seem to be cheering for a total
collapse of these negotiations. Politico especially is insufferable,
with the headline “the US-China trade meeting’s low bar: Progress.” That’s a good thing, you guys. The real low bar is no one walking out and an ending the talks on the first day:
pic.twitter.com/uxm6wwPbZX
— Rapid Response 47 (@RapidResponse47) May 10, 2025
WASHINGTON
(AP) — Trump says 'total reset' being negotiated during tariff talks
between US and China, and 'GREAT PROGRESS' being made.
— Seung Min Kim (@seungminkim) May 10, 2025
WASHINGTON
(AP) — Trump says 'total reset' being negotiated during tariff talks
between US and China, and 'GREAT PROGRESS' being made.
— NewsWire (@NewsWire_US) May 10, 2025
President
Donald Trump signaled Friday that his soaring tariffs on China may soon
begin to drop. That doesn’t mean the two countries are close to a deal.
Trump’s
apparent willingness to ease U.S. tariffs on China — currently at a
minimum of 145 percent — down to 80 percent comes as Treasury Secretary
Scott Bessent prepares to meet with Chinese officials in Geneva this
weekend. But that concession, or a similar step on the tariff rate,
would do little to quickly reenergize trade between the two countries as
imports of Chinese goods into West Coast ports steadily collapse.
Close
China watchers say they don’t expect Chinese Vice Premier He Lifeng,
the government’s point person for the talks in Switzerland, to make any
concessions right away. And China is not likely to rush toward any
agreement as it games out what the Trump administration ultimately wants
and how it can defend its own interests.
“He’s probably mostly
in listening mode, and will take back what he receives to President Xi,”
said Christopher Adams, a former senior coordinator for China affairs
at the Treasury Department. “I assume they’ve thought through various
options and pathways, but I don’t think he has much authority to make
decisions at the table.”
The media is so nervous that a deal could be hashed out. It would be
another win for Trump, another blow to liberal America, and yet another
loss for the legacy press, which hates this man. No one likely thought a
deal with the United Kingdom could be hashed out so quickly. It did—it
was signed this week, thanks to the new tariffs.
Notable
anti-Trump commentator Brian Krassenstein tried to spew fake news about
the Chinese walking out, which got slapped down by a Wall Street Journal
reporter.
I’m on the ground here in Switzerland for the talks and this doesn’t track with what I’m hearing or seeing
A person briefed tells me no one from the U.S. or China sides have walked out of the ongoing meetings
I was just in the same restaurant as U.S. team while they were… https://t.co/Vb7dtgj4zu
They know something is going to get done, don't they? That's why they're all anxious.
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