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In a major announcement following high-stakes talks in Geneva, President Donald Trump has declared a "total reset" in the ongoing trade negotiations with China. While both sides have made some progress, questions remain about whether the massive 145% tariffs will truly be reduced. Trump pushes for a more "appropriate" tariff rate of 80%, signaling a potential shift in U.S.-China trade relations.

#Trump #ChinaTradeTalks #TotalReset #USTariffs #ChinaTradeWar #GenevaTalks #TradeNegotiations #TrumpChina #TradePolicy #GlobalEconomy #TradeDeal #USChinaRelations #TariffDebate #EconomicPolicy

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00:00We can't continually allow them to do what they can do.
00:11When I was president, they paid hundreds of billions of dollars in tariffs and taxes.
00:15Asked for the 80% number, that was a number the president threw out there, and we'll see what happens this weekend, and always in the effort of transparency.
00:30I'm very friendly with President Xi. I have great respect for him and for China, but we can't continue to allow them to do what they did.
00:46When I was president, they paid hundreds of billions of dollars in tariffs and taxes.
01:00And I'm not going to let you go.
01:14And again, we'll see you in the first half of the war onward.
01:20In the last half of the war, that we're going to pass away, and the rest of the war is going to be a better person, and we'll be turning back.
01:27The President still remains with his position that he is not going to unilaterally bring down tariffs on China.
01:55We need to see concessions from them as well and again that's part of the reason that Secretary Besant is going to talk to his Chinese counterparts this weekend to start those discussions in person.
02:05As for the 80% number, that was a number the President threw out there and we'll see what happens this weekend and always in the effort of transparency.
02:12I'm sure you'll hear directly from the Treasury Secretary or the President after those negotiations conclude.
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