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US-China tariff talks continue

Beijing has yet to comment directly, but its official news agency took a tough approach, saying China will “firmly reject any proposal that compromises core principles or undermines the broader cause of global equity”. 

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US Secretary of Treasury Scott Bessent in Geneva. Pic/AFP

US Secretary of Treasury Scott Bessent in Geneva. Pic/AFP

The US and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand.

US President Donald Trump wrote on social media that “great progress” was being made and even suggested a “total reset” was a possibility as the sides took their seats for the second and final scheduled day of discussions in Geneva.

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