US-China tariff talks to continue Sunday after first day wraps up while shrouded in secrecy

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US-China tariff talks to continue Sunday after first day wraps up while shrouded in secrecy

^{Published on 2025-05-10 19:46:37 - Fortune}

There was no immediate indication whether progress was made Saturday after 10 hours of meetings in Geneva, Switzerland.

On May 10, 2025, former Trump administration official Scott Bessent discussed the ongoing U.S.-China tariff negotiations and the potential impact of a second Trump presidency on trade relations. Bessent, who served as Deputy National Security Advisor for International Economic Affairs, emphasized that Trump's approach to China would likely be more aggressive than during his first term, with a focus on increasing tariffs to address the trade deficit and protect American industries. He highlighted the importance of the first day of a new Trump administration, suggesting that immediate actions on tariffs could set the tone for future negotiations. Bessent also noted that while some progress has been made in recent talks, significant challenges remain, particularly in areas like technology transfer and intellectual property rights.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/10/us-china-tariff-talks-trump-trade-war-first-day-scott-bessent/ ]

N@N

US-China tariff talks to continue Sunday after first day wraps up while shrouded in secrecy