11/5/2025–|Last update: 19:34 (Mecca time)
US Treasury Secretary, Scott Besent, praised his country’s commercial talks with China, noting that “great progress” was achieved today, Sunday.
Pesent is leading his country, while Chinese Deputy Prime Minister Living leads his country’s team in the talks in Geneva, Switzerland.
The talks continued for its second day today, Sunday, when the two parties discussed how to calm the trade war that threatens to cause significant damage to the global economy.
Pesent added that he would provide more details tomorrow, Monday.
For his part, the American commercial actor, who participates in the talks, said, “Our talks with China lasted for two days and were constructive and the differences were not large as he thought.”
“We are confident that our agreement with our Chinese partners will help us solve the crisis,” he added.
Yesterday, US President Donald Trump praised the talks yesterday, saying that the two sides negotiated “a complete reset (for commercial relations) … in a friendly but constructive way.”
“It was a very good meeting with China today in Switzerland. We discussed a lot of things and agreed to a lot,” Trump wrote on the Truth Social for social media.
“We want to see a Chinese openness to American companies, for the benefit of China and the United States. Modest progress has been made,” he added.
Trump did not give details of the progress made.
Switzerland was chosen to meet after the proposals of Swiss politicians during their recent visits to China and the United States.
Mutual escalation
The meetings come after weeks of mutual rhetorical escalation, in which each party sought to photograph the other as the weakest and the most in need of agreement.
Despite the apparent atmosphere of challenge, the data indicate that there is a mutual desire to break the stalemate, without any party seemed to be a retreat.
“The talks are now starting because the two sides believe that they can move without understanding the matter as being subject to the other.”
In the past Friday, Trump has announced the possibility of reducing customs duties on China from 145% currently to 80%.
In this context, Beijing and Washington sought to draw the novel for each of the backgrounds of the launch of the dialogue. Chinese Foreign Ministry spokesman Lyn Jian stressed that the talks came with an American request, while the Chinese Ministry of Commerce described the step as a direct response to the “American companies and consumers’ calls.”
On the other hand, the American president adopted a contradictory speech, when he said from the White House that “the Chinese side is the one who strongly wants to complete the agreement because their economy is collapsing,” adding “if they say that we are the one who started, they should review their archive well.”
