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Global Times: Practicing concept of free trade and injecting certainty and stability into global development
- On May 12, 2025, China and the United States conducted discussions on their economic and trade relationship in Geneva, culminating in a joint statement aimed at strengthening their bilateral ties.
- These talks occurred amid ongoing efforts to expand high-standard opening up and stabilize global trade amid complex international dynamics.
- After the negotiations, the United States withdrew most of its additional tariffs, eliminating 91 percent, while China responded by removing an equivalent portion of its counter tariffs. Additionally, both countries paused roughly 24 percent of their respective reciprocal tariffs.
- Chinese President Xi Jinping highlighted the importance of diligently handling domestic matters while continuously promoting an open and high-quality trade environment, underscoring cooperation as a key factor in international economic activities.
- The talks and tariff adjustments signal strengthened bilateral dialogue and underscore China’s broader commitment to mutual benefit, free trade, and global cooperation.
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The Courier-Tribune+36 Reposted by 36 other sources
Global Times: Practicing concept of free trade and injecting certainty and stability into global development
BEIJING, May 16, 2025 /PRNewswire/ -- On May 12, a joint statement was issued following the China-US economic and trade talks in Geneva, Switzerland. Both sides promised they will establish a mechanism to continue discussions on bilateral economic and trade…
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Total News Sources37
Leaning Left2Leaning Right5Center11Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
11%
C 61%
R 28%
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