US and China Agree on Plan to Reduce Trade Deficit, According to US Treasury Secretary Scott Bessent
Geneva Talks Yield Progress in US-China Trade Relations US Treasury Secretary Scott Bescent reported notable advancements in discussions with US economic officials on Sunday. Bescent informed the press that more specifics will be shared on Monday, emphasizing that President Donald Trump is fully briefed on the positive outcomes of these “productive consultations.” US Trade Representative […]
Significant Advancements Achieved with China in Important Trade Discussions, Bessent States.
Progress in US-China Trade Talks Reported Treasury Secretary Scott Bescent announced on Sunday that considerable advancements were achieved with China during significant trade discussions held in Switzerland, with further details expected on Monday. Following a period of escalating tariffs between the US and China, Bescent informed Fox News that he would be meeting with Chinese […]
Trump and China near a trade agreement following successful discussions, Bessent states
Trade Negotiations with China Progressing Treasury Secretary Scott Bescent mentioned on Sunday that the Trump administration has made headway in its trade discussions with China. He promised to share more specifics the following day, speaking to reporters from Switzerland. He added that President Trump was fully briefed on the developments, similar to what Ambassador Jamieson […]
Trump Suggests Complete Change in Tariffs with China After Initial Trade Discussions in Geneva
Trump Optimistic About Trade Talks with China On May 11, 2025, President Donald Trump shared his optimism regarding trade discussions with China, hinting at a potential “complete reset” in the trade relationship following initial meetings in Geneva. In a post on Truth Social, he stated, “A very good meeting with China in Switzerland today. A […]
Marine Corps forms drone unit for attacks amid growing competition with China
US Marines Launch New Attack Drone Team Amid Rising Threats This year, the US Marines created an attack drone unit in response to the swift advancements in first-person view (FPV) drone technology. These drones are redefining modern warfare, showcasing how future conflicts might unfold. The Marine Corps Attack Drone Team (MCADT) will operate from the […]
Trump announces ‘complete reset agreed’ with China during tariff discussions in Geneva.
On Saturday night, President Donald Trump took to True Social to share that “great progress” was made over the weekend in trade negotiations with China. During a meeting in Geneva, Switzerland, various topics were discussed between U.S. officials, including Treasury Secretary Scott Bescent, and the Chinese delegation. Trump mentioned, “I agreed,” indicating some level of […]
Trump claims a complete agreement was reached with China during tariff discussions in Geneva.
Trump Claims Progress in Trade Talks with China President Donald Trump shared on Truth Social Saturday that “great progress” was made during trade discussions that took place over the weekend. He mentioned that various topics were covered between US officials, including Treasury Secretary Scott Bescent, and a Chinese delegation during their meeting in Geneva, Switzerland, […]
Trump’s team holds trade discussions with China in Switzerland as he seeks to reduce the 145% tariff rate.
On Saturday, U.S. economic officials gathered in Geneva with their Chinese counterparts to kick off crucial negotiations aimed at addressing the ongoing trade war that has been unsettling the global economy. The discussions, involving China’s Deputy Prime Minister Lifeng and U.S. Treasury Secretary Scott Bescent, are set to resume on Sunday. This is the first […]
We cannot increase taxes on endowments because we are in competition with China.
During a segment on Bloomberg’s “Balance of Power,” Representative Jake O’Cincolos (D-MA) argued that increasing taxes on university funds seems illogical, especially as they strive to compete with China in the realms of research and development. Co-host Kylie Lane responded, noting that Republicans perceive the looming tax hike differently; it could raise the donation tax […]
Trump signs trade agreement with the UK, discusses upcoming trade talks with China.
Trump Announces UK Trade Deal and Prepares for China Talks President Donald Trump capped off the week by finalizing a significant trade deal with the UK on Thursday. This comes as the administration gears up for trade discussions with China over the weekend. The specifics of the trade agreement with the UK are still a […]