Well, that escalated somewhat calmly.
In a twist worthy of a Netflix reboot, former President Donald Trump just declared a “total reset” in U.S.-China trade relations — live from the golf cart? Not quite. But the big announcement came hot off a fresh round of high-level trade talks in Geneva this weekend, where officials from both countries sat down, talked tariffs, and walked away grinning.
Trump posted his thoughts on Truth Social, calling the negotiations a “great success” and declaring that “a beautiful and powerful new chapter in U.S.-China trade is beginning.”
But before you cue the confetti, let’s talk details.
Or rather — the lack of them.
U.S. Treasury Secretary Scott Bessent, who led the American delegation, said the discussions were “productive” and that both sides agreed to a new economic and trade consultation mechanism — think of it like a recurring check-in, but with more suits and less coffee.
According to The Wall Street Journal, both countries touched on lowering sky-high tariffs — including America’s whopping 145% duties on Chinese imports. Trump floated the idea of cutting that nearly in half, down to 80%. That’s still steep, but it’s a climb down from Mount Tariff.
The talks also tackled big-ticket issues like China’s port fees and America’s not-so-subtle push for cooperation on fentanyl trafficking. Again — no firm deals, but a lot of mutual nodding.
It’s a classic Trump move: big proclamation, big moment, few receipts (so far). Sound familiar? Remember “the best deal ever” vibes from 2019? Yeah, same energy.
This time, though, both parties seem more measured. No Twitter rants (obviously), no tariff slapping (yet), and no dramatic walkouts. Just quiet optimism and a whole lot of reading between the lines.
For now, we’re watching. And waiting. And refreshing feeds. Because a real deal might be coming. Or not. But at least they’re talking again.
And that, folks, is a start.