Trump: A total reset has been agreed with China

"We hope, for the benefit of both China and the United States (US), that China will open up to American businesses. Tremendous progress has been made," Trump wrote.

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Donald Trump, Photo: REUTERS
Donald Trump, Photo: REUTERS
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

US President Donald Trump has hailed "great progress" made during trade talks between US and Chinese leaders in Geneva on tariffs.

Trump said a "return to business as usual" had been negotiated.

"We had a very good meeting with China in Switzerland today. Much was discussed, much was agreed upon," Trump wrote on Truth Social.

He added that negotiations on a complete reset were achieved in a friendly and constructive manner, SEEbiz reports.

"We hope, for the benefit of both China and the United States (US), that China will open up to American businesses. Tremendous progress has been made," Trump wrote.

Talks between China and the US, which began on Saturday morning at a luxury villa in Geneva to try to resolve the trade war between the two countries, were suspended in the evening and are due to resume this morning.

The two countries sent high-ranking representatives to Geneva this weekend for negotiations - US Treasury Secretary Scott Besant, US Trade Representative Jamison Greer and Chinese Vice Premier He Lifeng.

The trade dispute, along with Trump's decision last month to impose tariffs on dozens of other countries in addition to China, has disrupted supply chains, rattled financial markets and raised fears of a sharp economic slowdown.

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