President Donald Trump said tariffs on Chinese imports will not return to 145% after the current 90-day pause, signaling optimism about ongoing trade negotiations. Speaking after a weekend of high-level talks in Geneva, Trump called the discussions “productive” and declared a “total reset” in U.S.and China trade relations.
“They’ve agreed to fully open China,” Trump said, noting that Beijing had committed to removing non-monetary barriers to U.S. trade. He suggested a conversation with Chinese President Xi Jinping may happen “maybe at the end of the week.”
While the 90-day tariff pause remains in place, Trump clarified that it does not apply to existing or future tariffs on cars, steel, aluminum, or pharmaceuticals. He emphasized that a comprehensive deal was now within reach and reiterated his administration’s commitment to securing fair and reciprocal trade for the United States.