In a significant development, President Donald Trump announced that the United States and China have achieved a "total reset" in their trade relations following extensive negotiations in Geneva. The discussions, which lasted over eight hours, involved high-level officials including U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng.

President Trump described the meeting as "very good" and "constructive," emphasizing that both nations are working towards opening China further to American businesses. He expressed optimism about the progress made, stating that the talks were conducted in a friendly manner, aiming for mutual benefits.

The negotiations come after a period of heightened tensions, with the U.S. imposing tariffs up to 145% on Chinese goods and China retaliating with tariffs up to 125% on American products. These measures had significantly disrupted bilateral trade, affecting global supply chains and economic stability.

While no specific agreements were disclosed, both sides have agreed to continue discussions, with further meetings anticipated in the coming days. The international community is closely monitoring these developments, hopeful that sustained dialogue will lead to a de-escalation of the ongoing trade conflict.