China just announced that they will be dropping a joint statement with the U.S. to spill the tea on what they were able to achieve. Chinese Vice Premier He Lifeng spilled the beans during a media briefing after a marathon of talks with the U.S. negotiators. He claimed that the trade talks had made some serious progress and everyone was on the same page. On the flip side, the White House was being a bit more tight-lipped, only mentioning that a deal had been reached without giving us any juicy details.
U.S. Trade Representative Jamieson Greer was quick to call it a “deal,” but Treasury Secretary Scott Bessent, who was apparently chilling in Switzerland for the negotiations, was a bit more reserved, only saying that they had made some “substantial progress.” President Donald Trump even chimed in, saying that he was down to ease up on tariffs on China. According to him, it felt right to slash those levies from 145% to 80%. Big moves, big changes.
The talks went down at the residence of the permanent Swiss ambassador to the United Nations in Geneva on May 11, 2025. It was a big day. Trump had recently jacked up tariffs on China, causing China to clap back with 125% tariffs on U.S. goods. It was like a ping-pong match of tariffs. This whole trade war situation was getting real, with China warning that the U.S. was about to face some serious price hikes.
But hold up, China is saying that they’re not looking for a fight. They just want to sort things out and move on with their lives. They’re all about that win-win situation. The Chinese vice premier made it clear that they’re open to talking things out and finding a solution that works for everyone. They’re not scared of a little confrontation, but they’re also not here for unnecessary drama.
When asked if this potential deal would help the U.S. tackle their trade deficit, China was all like, “Eh, we’ll let the joint statement do the talking tomorrow.” They’re all about that equal-footed dialogue and making sure that both sides are heard. The Chinese negotiator emphasized that any deal that goes down will be in China’s best interest. They’re not about to sell themselves short.
The atmosphere of the meetings was apparently pretty chill. The Chinese trade negotiator mentioned that there was a vibe of mutual respect and sincerity in the air. It was all about coming together and finding common ground. The two sides took a big step towards resolving their differences, and it looks like things are finally starting to smooth out.
So, tomorrow we’ll get the full scoop in that joint statement. China and the U.S. are ready to spill the beans on what they’ve been cooking up behind closed doors. It’s been a wild ride, but it looks like both sides are ready to put the past behind them and move forward. Let’s see what they have in store for us in that statement. Who knows, maybe we’ll finally get some answers to all these burning questions.
And that’s a wrap, folks. Stay tuned for more updates on this rollercoaster of a trade war. It’s been a wild ride, but it looks like things are finally starting to settle down. Let’s keep our fingers crossed for a smooth resolution.
