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US-China tariff talks continue as Trump touts 'great progress made'
Manila Bulletin
|May 12, 2025
President Donald Trump said "great progress" was being made in ongoing U.S.-China talks over tariffs threatening the global economy, and even suggested a "total reset" was on the table as tariff negotiations are set to continue Sunday in Switzerland.
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No major breakthrough was announced in discussions that lasted over 10 hours between U.S. officials, including Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and a delegation led by Chinese Vice Premier He Lifeng. Still, Trump struck an upbeat tone.
"A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner," the president wrote on his Truth Social platform.
"We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE!!!" He gave no further details, and officials at the White House also offered little information during and after the opening day of discussions.
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