Progress in Geneva, But No Specifics
China trade deal 2025: The White House announced a so-called “China trade deal” this weekend. Yet, reporters received no clear details. After trade talks wrapped in Geneva, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer praised the outcome. Both said more information would follow on Monday.
Greer hinted that an agreement had been reached. However, neither side confirmed the exact terms.
Positive Signals from Both Nations
Vice Premier He Lifeng said the two countries made “substantial progress” and reached “important consensus.” He added that a new consultation mechanism would be formed. This includes assigning lead negotiators and addressing mutual trade concerns in upcoming meetings.
The joint statement is expected Monday.
Trump’s Role and Political Framing
Bessent noted that President Trump was “fully informed” about the talks. Trump, who has recently softened his tone on tariffs, told reporters Thursday, “I think we’re going to have a good weekend with China.”
Commerce Secretary Howard Lutnick echoed this sentiment, saying de-escalation was a goal.
But critics say the administration’s messaging lacks consistency.
A Pattern of Mixed Messages
On social media, Trump floated a tariff drop from 145% to 80%. His press secretary later said that number was merely a suggestion. Trump has described his unpredictable trade policy as “strategic uncertainty.”
In a Truth Social post, he celebrated the UK trade announcement, claiming it led to a $10B Boeing deal. But officials from British Airways’ parent company denied that the order was tied to trade talks.
China’s Workaround and Export Surge
Despite heavy tariffs, China’s exports rose 8.1% in April. Experts suspect China is rerouting goods through Southeast Asia to bypass U.S. tariffs. This transshipment strategy may undercut Trump’s tariff plans.
Logistics firm Flexport reported that shipping lines are cutting Pacific routes faster than during the COVID crisis. This suggests a possible downturn in demand.
What’s Next?
The world awaits Monday’s joint statement. Meanwhile, analysts question if the “deal” will bring real economic relief—or if it’s another headline without substance.
Source: NBC News
