President Donald Trump initially resisted calls to reduce tariffs on Chinese imports, believing that the U.S. needed to endure short-term economic pain for a significant trade rebalancing. He perceived that China had more to lose in this trade standoff.

High-level talks between the United States and China have begun in Geneva, Switzerland, Chinese state media reported on Saturday, in a possible thaw in the trade war sparked by President Donald Trump’s massive tariffs.

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

Following trade talks in Geneva, the US and China agreed to pause reciprocal tariffs for 90 days. President Trump called it a “total reset”, noting improved relations and ongoing discussions to address long-term trade concerns.

Treasury Secretary Scott Bessent said on Sunday that the Trump administration has made progress in its trade negotiations with China. "We will be giving details tomorrow. "But I can tell you that the talks were productive," Bessent told members of the ...

WASHINGTON – On the eve of trade negotiations with China, President Donald Trump signaled a willingness to drop tariffs to 80% from 145%, a level so high that trade has nearly halted between the ...

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

U.S. President Donald Trump could have the upper hand in subsequent trade talks with China as the nations hammer out further negotiations, according to Neo Wang, lead China economist and strategist at Evercore ISI.