Trump Says US Achieved 'Total Reset' With China
President Donald Trump says "we achieved a total reset" with China over the weekend. He says trade talks were very friendly and China also will remove all non-monetary barriers.
Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. After two days of high-stakes talks in Switzerland, trade negotiators from the world’s biggest economies announced Monday a massive de-escalation in tariffs. In a carefully coordinated joint statement, the US slashed duties on Chinese products to 30% from 145% for a 90-day period, while Beijing dropped its levy on most goods to 10%.
Read more: https://www.bloomberg.com/news/articles/2025-05-12/xi-defiance-pays-off-as-trump-meets-most-chinese-trade-demands
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Видео Trump Says US Achieved 'Total Reset' With China канала Bloomberg News
Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. After two days of high-stakes talks in Switzerland, trade negotiators from the world’s biggest economies announced Monday a massive de-escalation in tariffs. In a carefully coordinated joint statement, the US slashed duties on Chinese products to 30% from 145% for a 90-day period, while Beijing dropped its levy on most goods to 10%.
Read more: https://www.bloomberg.com/news/articles/2025-05-12/xi-defiance-pays-off-as-trump-meets-most-chinese-trade-demands
----------
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
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https://www.youtube.com/@business
https://www.youtube.com/@markets
https://www.youtube.com/@BloombergTechnology
https://www.youtube.com/@BloombergPodcasts
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https://www.instagram.com/bloombergbusiness
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Видео Trump Says US Achieved 'Total Reset' With China канала Bloomberg News
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13 мая 2025 г. 5:00:04
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