Trump expects substantive US-China trade talks in Switzerland
09 May '25
1 min read
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Foreseeing a reduction in punitive US tariffs on imports from China from 145 per cent, President Donald Trump has said he expects substantive trade talks between the United States and China this weekend in Switzerland.
He said he would like to see China open up its economy as China had a 'tremendous trade surplus' with the United States and he wants that to change.
Foreseeing a reduction in punitive US tariffs on imports from China from 145 per cent, President Donald Trump has said that he expects substantive trade talks between the United States and China this weekend.
Top officials from both sides, led by US treasury secretary Scott Bessent and chief trade negotiator Jamieson Greer and China's Vice Premier He Lifeng, are meeting in Switzerland for talks this weekend.
Foreseeing a reduction in punitive US tariffs on imports from China from 145 per cent, President Donald Trump has said he expects substantive trade talks between the United States and China this weekend in Switzerland.
He said he would like to see China open up its economy as China had a 'tremendous trade surplus' with the United States and he wants that to change.
"You can't get any higher. It's at 145 [per cent], so we know it's coming down," Trump said at the White House. "I think it's a very friendly meeting. They look forward to doing it in an elegant way."
Trump said he would like to see China open up its economy.
"I think we're going to have a good weekend with China. I think they have a lot to gain. I do think they have far more to gain than we do, in a sense," Trump said.
He said he might speak to Chinese President Xi Jinping after the talks.
Trump said China had a ‘tremendous trade surplus’ with the United States and he wants that to change.
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