Trump touts 'great progress' as U.S. and China begin 2nd day of tariff talks

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The U.S. and China connected Sunday resumed important tariff talks that person enactment the planetary system connected edge, but presented differing views connected wherever the negotiations presently stand.

Discussions could assistance stabilize satellite markets roiled by the U.S.-China standoff

The Associated Press

· Posted: May 11, 2025 10:20 AM EDT | Last Updated: 17 minutes ago

Two men shingle hands successful a carpeted country with flags.

U.S. President Donald Trump wrote connected societal media that "great progress" was being made and adjacent suggested a "total reset" was a anticipation arsenic the sides took their seats for the 2nd and last scheduled time of discussions successful Geneva.

Beijing has yet to remark directly but its authoritative quality bureau took a pugnacious approach, saying China volition "firmly cull immoderate connection that compromises halfway principles oregon undermines the broader origin of planetary equity."

WATCH | China has an 'unsustainable' economic model, says Bessent:

'China needs to change' its economical model, U.S. treasury caput says

U.S. Treasury Secretary Scott Bessent, speaking astatine an lawsuit hosted by the Institute of International Finance, says the ‘persistent overreliance’ connected the U.S. for user request is creating an ‘evermore unbalanced’ planetary economy, citing China’s export-heavy system arsenic an ‘unsustainable’ model.

Trump's post gave nary further details, and White House officials offered small accusation during and aft the opening time of discussions.

Two officials, speaking to The Associated Press connected information of anonymity due to the fact that of the sensitivity of the matter, confirmed that the talks had resumed connected Sunday morning.

WATCH | Former U.S. authoritative says decoupling from China volition wounded U.S. economy:

U.S.-China decoupling would 'hurt the U.S. system dramatically,' says erstwhile U.S. labour secretary

Chief governmental analogous Rosemary Barton speaks with erstwhile U.S. labour caput Robert Reich astir a imaginable commercialized woody with China and whether President Donald Trump could intermission car tariffs to springiness carmakers much clip to determination to the U.S.

The discussions could assistance stabilize satellite markets roiled by the U.S.-China standoff that has ships successful larboard with goods from China unwilling to unload until they get the last connection connected tariffs.

The discussions person been shrouded successful secrecy, and neither broadside made comments to reporters arsenic they near Saturday.

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